realestate

Commercial Real Estate Update: July 25, 2025 Edition

Top Transactions: Office Building in Richmond Sells for $1.57M, Chesterfield Retail Space Leases for 14,500 sqft

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    TOP THREE SALES

    #1 XOJ Holdings acquired 9,300 sqft at 207 N. Foushee St. in Richmond for $1.57M. Ken Campbell (One South Commercial) represented the seller and Justin Sledd (One South Commercial) represented the buyer.

    #2 Ukrops Super Markets purchased 13,928 sqft at 8401 Patterson Ave. in Henrico for $1.1M. Tom Rosman and Ann Schweitzer Riley (One South Commercial) represented the seller.

    #3 VRPRE LLC bought an acre at 4000 Mechanicsville Turnpike in Henrico for $555K from Springdale Park Outparcels. Peter Vick and Harrison Hall (Colliers) represented the seller.

    TOP THREE LEASES

    #1 Boot Barn leased 14,500 sqft at 301 Perimeter Drive in Chesterfield. Rob Black and Robby Brownfield (Colliers) represented the tenant.

    #2 Bon Secours – Richmond Health Systems leased 4,500 sqft at 8800 Staples Mill Road in Henrico. Alex T. Wotring and Birck Turnbull (Cushman & Wakefield | Thalhimer) represented the tenant and Connie Jordan Nielsen and Nicki Jassy represented the landlord.

    #3 Motorola Solutions leased 3,938 sqft at 1061 Technology Park Drive in Henrico. Malcolm Randolph, John Carpin, Catherine Walker, and Jimmy Martin (Colliers) represented the landlord.

    Recent Deals:

    * Litman PLLC leased 1,919 sqft at 7202 Glen Forest Drive in Henrico.

    * Zaxby's leased 2640 sqft at 806 England St. in Ashland.

    * SJS Investments purchased 2,187 sqft at 6952 Hull Street Road in Chesterfield for $499,950.

    * MAQ Property bought 8,136 sqft at 2507 Richmond Hwy. in Richmond for $450K from Halibut LLC.

    * Little Caesars Pizza leased 1,365 sqft at 939 W. Broad St. in Richmond.

    * Faith Builders Worship Center leased 1,250 sqft at 5936-5948 Brook Road in Henrico.

    * Clancy & Theys Construction Co. leased 1,184 sqft at 424 N. 2nd St. in Richmond.

    * Cowboy Construction leased 530 sqft at 6002 W. Broad St. in Henrico.

Commercial real estate news update, July 25, 2025 edition cover page.