Board Paradise is locked today and there is a sign out front possibly warning the store’s owners not to have the locks change.
Thalhimer
The Pipeline: Commercial Real Estate Round Up for 7.10.09
s Williamson’s Drug Company, a local pharmacy, leased 16,000 square feet at 1550-1590 E. Parham Road in Henrico. And Standex Engraving purchased the 129,000-square-foot industrial building at 5901 Lewis Road in Sandston from Vantec Inc. for $4.5 million.
The Pipeline: Commercial Real Estate Round Up for 7.3.09
South Atlantic Properties Inc. purchased the 22,800 square foot office/warehouse ain Hanover for $1.2 million.Wolfgang’s Gym leased 11,500 square feet at 3517 Courthouse Road in Chesterfield. LivingWell Healthcare Cooperative, a healthcare program for businesses, leased 1,100 square feet at 4196-B Innslake Drive in Henrico.
The Pipeline: Commercial Real Estate Round Up for 6.26.09
Dr. Laura Regan, doing business as James River Dermatology, purchased the 3,000 square feet office condo at 1316 Alverser Drive in Chesterfield from Village Bank for $575,000.Synergy Systems, Inc. leased 9,000 square feet at 4510 Cox Road in Henrico.
The Pipeline: Commercial Real Estate Round Up for 6.5.09
Benchmark Wealth Advisors, Inc. leased 920 square feet at 4198 Cox Road in Henrico. Electronic Systems, Inc. leased 18,000 square fet at 10406 Lakeridge Parkway in Hanover County.
The Pipeline: Commercial Real Estate Round Up for 5.29.09
Terry’s Tire Town,a Mid-West based tire distributor, leased 90,000 square feet of at 4501 Carolina Avenue in Henrico. Smoothie King, a national smoothie franchise, leased 900 square feet at 10871 W. Broad St. in Henrico. International Special Risks, Inc., a marine insurance brokerage, leased 2,500 square feet at 730 Glen Forest Drive Suite 405 in Henrico. Click on the link to read the rest of the deals.
No relief in sight for office vacancy
No matter how you slice it, office vacancy rates are climbing in Richmond. And true to supply and demand, landlords are getting more and more generous with freebies such as up to six months free on a long-term lease to lure tenants.
The Pipeline: Commercial Real Estate Round Up for 5.8.09
R.E. Michel Company, a wholesale HVAC distributor, purchased the 20,500-square-foot industrial property in Chesterfield from K.B. Properties LLC for $1.625 million. R.E Michel, plans to relocate their distribution operations to this location. Andrew Todd Properties LLC purchased the 5,900-square-foot office building at 2310 W. Main St. in Richmond from Rich 6 LLC for $402,500.
The Pipeline: Commercial Real Estate Round Up for 5.1.09
Thalhimer reports Kimages Wharf Associates L.C. purchased 800 acres of land on Route 5 in Charles City County from Creswick Management for $4.5 million as an investment. The farm land has 3,000 feet of frontage on the James River. Central Virginia Health Network leased 14,700 square feet at 4900 Cox Road in Henrico. Health Diagnostic… Read more »