realestate

Commercial Real Estate Update: June 20, 2025 Edition

Henrico deals top list: $6.4M shopping center sale, 4,300 sqft office lease.

T
OP THREE SALES

    1. HDJR Central LLC & HDJR Central II LLC sold 24,400 square feet at 1070 Virginia Center Pkwy in Henrico to Threelo LLC for $6.4 million. Cushman & Wakefield | Thalhimer's Catharine Spangler represented the seller and James Ashby IV and Annie O'Connor assisted in the sale.

    2. RBF I LLC purchased 23,785 square feet at 11601 Robious Road in Chesterfield for $4.65 million from Robious MOB Associates. David Wilkins and Hamilton Shaheen with Range Commercial Partners represented the seller.

    3. Burke & Herbert Bank & Trust purchased a 1.265-acre site along West Broad Street at Route 288 in Goochland for $2.15 million from Notch Retail Development. Cushman & Wakefield | Thalhimer's James Ashby IV and Richard L. Thalhimer represented the seller, while Alex T. Wotring, Brian K. Berkey, and Karla Knight represented the buyer.

    TOP THREE LEASES

    1. MH Resource Solutions leased 4,383 square feet at 5711 Staples Mill Road in Henrico. Connie Jordan Nielsen and Craig Douglas with Cushman & Wakefield | Thalhimer represented the landlord.

    2. ST Cove Point leased 3,426 square feet at 120 Eastshore Drive in Henrico. Matt Hamilton with CBRE represented the tenant, while Connie Jordan Nielsen and Craig Douglas with Cushman & Wakefield | Thalhimer represented the landlord.

    3. Urgent Paws Vet leased 3,040 square feet at 6645 Lake Harbour Drive in Chesterfield. Sara Goodall with Divaris Real Estate represented the landlord.

    Recent deals include:

    * Live Life Full leased 2,865 square feet at 203 Hull St. in Richmond, represented by Dawn Calabrese.

    * Scrubs & Beyond leased 2,083 square feet at 7512 W. Broad St. in Henrico, represented by John Madures.

    * Ralco Holdings Inc purchased 7,891 square feet at 704 Dawn St. in Richmond for $1 million from Dawn Street LLC, represented by Read Goode and Dawn Calabrese.

    Cushman & Wakefield | Thalhimer reports the following deals:

    * VDM Properties II purchased 10,135 square feet at 1210 Sycamore Square Drive in Chesterfield for $1.5 million from Meyerhoffer Associates.

    * ST Cove Point leased 3,426 square feet at 100, 200 & 300 East Shore Drive in Henrico.

    * Chesapeake Bank leased 2,610 square feet at 5309 Commonwealth Centre Pkwy. in Chesterfield.

    Pollard & Bagby reports the following deals:

    * Enterprise Partners Consulting leased 790 square feet at 513 Forest Ave., Suites 201 and 205A, in Henrico.

    * Campbell Psychological Wellness leased 130 square feet at 7846 Forest Hill Ave., Suite A-2, in Richmond.

    * Tailor Made Kitchens & Bath leased 562 square feet at 13702 Village Mill Drive, Ste 204, in Chesterfield.

    CBRE reports the following deals:

    * MCL Properties purchased 7,811 square feet at 8133 Forest Hill Ave. in Chesterfield for $1 million from Forest Hill Land Management.

    * Care Advantage leased 2,267 square feet at 201 N. Washington Hwy. in Hanover.

Commercial real estate news update, June 20, 2025 edition cover page.