The Pipeline: Commercial real estate roundup for 2.3.23

TOP THREE SALES

Petersburg sale

#1  Marwaha Lofts on Market LLC, Marwaha Union Pen LLC, Marwhawa South Street Lofts LLC and Marwaha Dunlop Street Lofts LLC purchased 171 apartments at 214 N. Dunlop St., 7 S. Market St., 15 N. Union St. and 9 S. Market St. in Petersburg for $16,850,000 . Ryan Rilee and Tom Rosman with One South Commercial represented the seller.

St GERTIES 2#2 SNP Properties LLC purchased 68,797 square feet property at 3201-3215 Stuart Ave. in Richmond for $10.5 million from Benedictine Sisters of Virginia. Rebecca Barricklow and Joe Marchetti with Colliers represented the seller.

12600 Genito#3 Hamlet Falling Creek LLC purchased 180 acres at 12600 Genito Road in Chesterfield for $3.75 million from Stigall Family Limited Partnership, et. al. Chris Jenkins and Randy Cosby with Commonwealth Commercial Partners represented the seller.

TOP THREE LEASES

1516 Koger Center#1 Bangers and Dinks LLC leased 25,000 square feet at 1516 Koger Center Blvd. in Chesterfield. Bob Butcher, Richard Jacobson and Andrew Thacker with S.L. Nusbaum Realty represented the landlord.

4338 S Laburnum Park#2 Hibachi Grill Modern Buffet leased 13,000 square feet at 4338 S. Laburnum Ave. in Henrico. Ellen Long and Robert Marshall with Taylor Long Properties represented the landlord.8701 Midlothian Tpk Costar#3 El Barco Bar and Grill leased 9,439 square feet at 8701 Midlothian Tpke. in Chesterfield. Alicia Brown and Nicki Jassy with Cushman & Wakefield | Thalhimer represented the landlord.

Email submissions to [email protected]

Divaris Real Estate reports the following deals:

CDG Land Holdings purchased 2 acres at 301 Maury St. in Richmond for $3.15 million from Dennis Truck & Trailer Repair. Read Goode represented the buyer.

MKM Real Estate Management purchased 5,425 square feet at 810 Research Road in Chesterfield for $425,000 from Myrna S. Dyke. Read Goode represented the buyer.

Stanley Martin Homes purchased 11.95 acres at 10211 Hull Street Road in Chesterfield for $2.5 million from Si G. Lee and Mi A. Lee. Read Goode represented the buyer.

Cushman & Wakefield | Thalhimer reports the following deals:

Virginia Credit Union leased 2,687 square feet at 2420 Fairmount Ave. in Richmond. Birck Turnbull represented the tenant.

Nothing Bundt Cakes leased 1,957 square feet at 3550-3403 W. Cary St.& 3403-3550 Ellwood Ave. in Richmond. James Ashby IV and David Crawford represented the landlord.

Taylor Long Properties reports the following deals:

Dream House Furniture leased 2,848 square feet at 10180-10182 W. Broad St. in Henrico. Ellen Long and Rebecca von Meister represented the landlord.

Brecotea Baking Studio leased 2,670 square feet at 11544 and 11548 Busy St. in Chesterfield. Ellen Long and Rebecca von Meister represented the landlord.

Latitude Seafood leased 6,000 square feet at 14440-14436 Hull Street Road, Units B1-B3 in Chesterfield. Ellen Long and Robert Marshall represented the landlord.

Hanover Washington LLC purchased 8,598 square feet at 14471 Washington Hwy. in Ashland for $750,000 from Ashland Roller Mills. Robert Marshall and Coleman Stewart represented the seller.

Joyner Commercial reports the following deal:

Taylor & Taylor Group purchased 3,185 square feet at 10551-10555 S. Crater Road in Petersburg for $300,000. Rob Brown represented the buyer.

Commonwealth Commercial Partners reports the following deals:

Fadli Public Transportation Services leased 900 square feet at 2505 Pocoshock Place in Chesterfield. Tucker Dowdy and Michael Good represented the landlord.

MP3 Consulting leased 5,120 square feet at 1300 Winterfield Road in Chesterfield. Tucker Dowdy and Sam Worley represented the landlord.

Colliers reports the following deals:

Fostering Acadia leased 2,953 square feet at 3920 W. Broad St. in Richmond. Peter Vick and Harrison Hall represented the landlord.

Eirene Counseling leased 1,083 square feet at 8100 Three Chop Road in Henrico. Gray Bryant and John Carpin represented the landlord.

Biofargo leased 3,812 square feet at 1716 E. Parham Road in Henrico. Rebecca Barricklow, Joe Marchetti and David Wilkins represented the landlord.

Porter Realty Co.reports the following deals:

High Definition Painting leased 1,900 square feet at 1725 Arlington Road in Richmond. Wilson Flohr represented the landlord.

Archer Exteriors leased 3,550 square feet at 6290 Old Warwick Road in Richmond. Robert Porter III represented the landlord.

Torre Fuerte RVA leased 2,340 square feet at 2708 Enterprise Pkwy. in Henrico. Byron Holmes represented the landlord.

NLS Technologies leased an additional 4,800 square feet at 10365 Wood Park Court in Hanover. Kevin Cox represented the landlord.

Genesis Rail Services II LLC leased 0.46 acres at 4901 Puddledock Road in Prince George. Wilson Flohr represented the landlord.

One South Commercial reports the following deal:

2523 Main Street LLC purchased 2,394 square feet at 2523 W. Main St. in Richmond for $625,000. Ken Campbell and Justin Sledd represented the seller.

TOP THREE SALES

Petersburg sale

#1  Marwaha Lofts on Market LLC, Marwaha Union Pen LLC, Marwhawa South Street Lofts LLC and Marwaha Dunlop Street Lofts LLC purchased 171 apartments at 214 N. Dunlop St., 7 S. Market St., 15 N. Union St. and 9 S. Market St. in Petersburg for $16,850,000 . Ryan Rilee and Tom Rosman with One South Commercial represented the seller.

St GERTIES 2#2 SNP Properties LLC purchased 68,797 square feet property at 3201-3215 Stuart Ave. in Richmond for $10.5 million from Benedictine Sisters of Virginia. Rebecca Barricklow and Joe Marchetti with Colliers represented the seller.

12600 Genito#3 Hamlet Falling Creek LLC purchased 180 acres at 12600 Genito Road in Chesterfield for $3.75 million from Stigall Family Limited Partnership, et. al. Chris Jenkins and Randy Cosby with Commonwealth Commercial Partners represented the seller.

TOP THREE LEASES

1516 Koger Center#1 Bangers and Dinks LLC leased 25,000 square feet at 1516 Koger Center Blvd. in Chesterfield. Bob Butcher, Richard Jacobson and Andrew Thacker with S.L. Nusbaum Realty represented the landlord.

4338 S Laburnum Park#2 Hibachi Grill Modern Buffet leased 13,000 square feet at 4338 S. Laburnum Ave. in Henrico. Ellen Long and Robert Marshall with Taylor Long Properties represented the landlord.8701 Midlothian Tpk Costar#3 El Barco Bar and Grill leased 9,439 square feet at 8701 Midlothian Tpke. in Chesterfield. Alicia Brown and Nicki Jassy with Cushman & Wakefield | Thalhimer represented the landlord.

Email submissions to [email protected]

Divaris Real Estate reports the following deals:

CDG Land Holdings purchased 2 acres at 301 Maury St. in Richmond for $3.15 million from Dennis Truck & Trailer Repair. Read Goode represented the buyer.

MKM Real Estate Management purchased 5,425 square feet at 810 Research Road in Chesterfield for $425,000 from Myrna S. Dyke. Read Goode represented the buyer.

Stanley Martin Homes purchased 11.95 acres at 10211 Hull Street Road in Chesterfield for $2.5 million from Si G. Lee and Mi A. Lee. Read Goode represented the buyer.

Cushman & Wakefield | Thalhimer reports the following deals:

Virginia Credit Union leased 2,687 square feet at 2420 Fairmount Ave. in Richmond. Birck Turnbull represented the tenant.

Nothing Bundt Cakes leased 1,957 square feet at 3550-3403 W. Cary St.& 3403-3550 Ellwood Ave. in Richmond. James Ashby IV and David Crawford represented the landlord.

Taylor Long Properties reports the following deals:

Dream House Furniture leased 2,848 square feet at 10180-10182 W. Broad St. in Henrico. Ellen Long and Rebecca von Meister represented the landlord.

Brecotea Baking Studio leased 2,670 square feet at 11544 and 11548 Busy St. in Chesterfield. Ellen Long and Rebecca von Meister represented the landlord.

Latitude Seafood leased 6,000 square feet at 14440-14436 Hull Street Road, Units B1-B3 in Chesterfield. Ellen Long and Robert Marshall represented the landlord.

Hanover Washington LLC purchased 8,598 square feet at 14471 Washington Hwy. in Ashland for $750,000 from Ashland Roller Mills. Robert Marshall and Coleman Stewart represented the seller.

Joyner Commercial reports the following deal:

Taylor & Taylor Group purchased 3,185 square feet at 10551-10555 S. Crater Road in Petersburg for $300,000. Rob Brown represented the buyer.

Commonwealth Commercial Partners reports the following deals:

Fadli Public Transportation Services leased 900 square feet at 2505 Pocoshock Place in Chesterfield. Tucker Dowdy and Michael Good represented the landlord.

MP3 Consulting leased 5,120 square feet at 1300 Winterfield Road in Chesterfield. Tucker Dowdy and Sam Worley represented the landlord.

Colliers reports the following deals:

Fostering Acadia leased 2,953 square feet at 3920 W. Broad St. in Richmond. Peter Vick and Harrison Hall represented the landlord.

Eirene Counseling leased 1,083 square feet at 8100 Three Chop Road in Henrico. Gray Bryant and John Carpin represented the landlord.

Biofargo leased 3,812 square feet at 1716 E. Parham Road in Henrico. Rebecca Barricklow, Joe Marchetti and David Wilkins represented the landlord.

Porter Realty Co.reports the following deals:

High Definition Painting leased 1,900 square feet at 1725 Arlington Road in Richmond. Wilson Flohr represented the landlord.

Archer Exteriors leased 3,550 square feet at 6290 Old Warwick Road in Richmond. Robert Porter III represented the landlord.

Torre Fuerte RVA leased 2,340 square feet at 2708 Enterprise Pkwy. in Henrico. Byron Holmes represented the landlord.

NLS Technologies leased an additional 4,800 square feet at 10365 Wood Park Court in Hanover. Kevin Cox represented the landlord.

Genesis Rail Services II LLC leased 0.46 acres at 4901 Puddledock Road in Prince George. Wilson Flohr represented the landlord.

One South Commercial reports the following deal:

2523 Main Street LLC purchased 2,394 square feet at 2523 W. Main St. in Richmond for $625,000. Ken Campbell and Justin Sledd represented the seller.

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