realestate

Commercial Real Estate Update: July 18, 2025 Edition

$14.5M Chesterfield land sale, 32K sqft Henrico retail lease top this week's transactions.

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ere is the rewritten text, condensed by 20%:

    TOP THREE SALES

    #1 Aeris Investments purchased 146 acres in Chesterfield for $14.5 million from Watkins Land LLC, represented by Commonwealth Commercial Partners.

    #2 Amarinder Singh bought 5,250 square feet on Hull Street Road in Chesterfield for $1.42 million from Primis Bank, represented by CBRE.

    #3 Frontier Development acquired 5.08 acres on Anderson Highway in Powhatan for $2.75 million from Powhatan Station LLC, represented by Taylor Long Properties.

    TOP THREE LEASES

    #1 Savers Thrift Store leased 31,708 square feet at 9110 W. Broad St. in Henrico, represented by Divaris Real Estate.

    #2 EAL Education Services dba Ivybrook Academy rented 5,903 square feet on Winter Place Way in Powhatan, represented by Commonwealth Commercial Partners.

    #3 Prophet Brand Strategy leased 4,147 square feet at 2230 W. Broad St. in Richmond, represented by Commonwealth Commercial Partners.

    Recent deals include:

    - The Broughton Law Firm leased 3,040 square feet on Rolling Hills Drive in Richmond.

    - Onin Staffing rented 1,500 square feet on Midlothian Turnpike in Chesterfield.

    - Idea Financial leased 3,777 square feet at 10 S 6th St. in Richmond.

    - Urgent Paws Vet leased 3,040 square feet on Lake Harbour Drive in Chesterfield.

    - Wawa acquired 2.38 acres on Winter Place Way in Powhatan.

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Commercial real estate news update, July 18, 2025 edition cover page.