realestate

Commercial Real Estate Update: August 1, 2025 Edition

Church sells Scott's Addition property for $1 million, while Riverfront Plaza office space is leased.

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    Top Three Sales

    #1 CRC Chesterfield LLC sold a 13,090 sqft property at 11010 Trade Road in Chesterfield County to Mohney LLC for $1.4 million. Byron Holmes and Robert Porter III with Porter Realty represented the seller.

    #2 Weisleder purchased a 3,416 sqft property at 3123 W. Broad St. in Richmond from Christian Life Church for $1.08 million. Matt Hamilton with CBRE represented the seller, while Ryan Fanelli with Commonwealth Commercial represented the buyer.

    #3 Ramayan Supply bought a 19,075 sqft property at 1001 E. 12th St. in Richmond from MISHPOCHA for $882,000. Matt Hamilton with CBRE represented the seller.

    Top Three Leases

    #1 EquipmentShare.com leased 25,065 sqft at 2300 Deepwater Terminal Road in Richmond. Wilson Flohr and Robert Porter III with Porter Realty represented the landlord.

    #2 CoStar Group leased 22,970 sqft at 901-951 E. Byrd St. in Richmond. Gray Bryant and John Carpin with Colliers represented the landlord.

    #3 Decks & Docks Lumber Co. leased 8,252 sqft at 909 Oliver Hill Way in Richmond. Cliff Porter with Porter Realty represented the landlord.

    Other Deals

    Ring Dog Rescue purchased a 989 sqft property at 217 E. Williamsburg Road in Henrico for $168,000 from Ann Schweitzer Riley.

    Mr. Handyman leased 3,852 sqft at 2421 Westwood Ave. in Henrico, with Chrissy Chappell and Craig Douglas representing the landlord and Graham Stoneburner representing the tenant.

    Motorola Solutions leased 3,938 sqft at 1001-1063 Technology Park Drive in Henrico, represented by Chris Wallace.

    Lee Temps Associates dba The Lee Group leased 750 sqft at 11600 Busy St. in Chesterfield, with Sam Edwards and Eric Hammond representing the landlord.

    New River Electrical Corp. leased 2,017 sqft at 4121 Cox Road in Henrico, represented by Eric Hammond, Eliza Izard, and Russell Wyatt.

    Griffin Lounge and Restaurant dba Coffee Jeweler leased 2,240 sqft at 3027 W. Cary St. in Richmond, with Todd Buttner representing the landlord.

    BOB Architecture leased 2,000 sqft at 6829 Atmore Drive in Richmond, represented by K. Coleman Stewart.

    SRS Investments sold a 7,632 sqft property at 2260 Dabney Road in Henrico to Halle-Noel LLC for $850,000, with Wilson Flohr representing the buyer.

    2RW Consultants leased 1,717 sqft at 10800 Midlothian Turnpike in Chesterfield, represented by Gray Bryant, Catherine Walker, and Richmond McDaniel.

Commercial real estate news update, August 1, 2025, industry trends and market analysis.