realestate

Commercial Real Estate Update: June 6, 2025 Edition

Top Deals: $10M shopping center sale, 5,250-sqft industrial lease in Goochland.

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    Top Sales

    #1 Stavins & Axelrod sold 70,147 square feet at 9117 Staples Mill Road in Henrico for $10 million. Catharine Spangler of Cushman & Wakefield | Thalhimer represented the seller.

    #2 Sunhe Property LLC purchased 44,840 square feet at 6401 Centralia Road in Chesterfield for $2.9 million from Ukrop's Super Markets. Todd Buttner with Commonwealth Commercial Partners represented the buyer.

    #3 All Around Achievers bought 11,960 square feet at 20 Franklin St. in Petersburg for $625,000. Isaac Weintz and Tom Rosman of One South Commercial represented the seller.

    Top Three Leases

    #1 Industrial Supply Solutions leased 5,250 square feet at 2070 Ashland Road in Goochland. Matt Hamilton with CBRE represented the tenant.

    #2 Tax & Services Centro Hispano leased 3,600 square feet at 10064 Robious Road in Chesterfield. Alicia Brown and Connie Jordan Nielsen of Cushman & Wakefield | Thalhimer represented the landlord.

    #3 Gild and Ash leased 3,530 square feet at 5021-5029 Huguenot Road in Henrico. Reilly Marchant with Cushman & Wakefield | Thalhimer represented the tenant.

    Recent Deals

    Divaris reports:

    * Rapid Shipping leased 2,479 square feet at 253 Stonebridge Plaza Ave. in Chesterfield.

    * Rentokild North America Inc. leased 1,079 square feet at 10960 Three Chopt Road in Henrico.

    * Yella's Yummies Bakery leased 650 square feet at 416 N. 2nd St. in Richmond.

    Commonwealth Commercial Partners reports:

    * Edward Jones leased 2,125 square feet at 3736 Winterfield Road in Chesterfield.

    * H2O Professional Services leased 1,900 square feet at 4795-E Bethlehem Road in Henrico.

    Cushman & Wakefield | Thalhimer reports:

    * The Vault RVA leased 3,121 square feet at 10064 Robious Road in Chesterfield.

    * Camie's Cutz leased 1,082 square feet at 11914 Iron Bridge Plaza in Chesterfield.

    Colliers reports:

    * Extended Studio RVA leased 1,364 square feet at 5001 Libbie Mill East Blvd. in Henrico.

    S.L. Nusbaum Realty Co. reports:

    * C J Luxury Suites leased 3,150 square feet at 1800 Roseneath Road in Richmond.

    * Providence Acupuncture Clinic leased 2,557 square feet at 15521 Midlothian Tpke., Ste 402, in Chesterfield.

    One South Commercial reports:

    * Khaled Bouhussein-Shaban purchased a duplex at 2304 5th Ave. in Richmond for $355,000.

Commercial real estate news update, June 6, 2025, industry trends and market analysis.