realestate

Commercial Real Estate Update: Key Trends & Deals for October 4, 2024

Top Deals: $1.4M Industrial Sale in Chesterfield & 188K SF Lease in Richmond

T
OP THREE SALES

    #1 10810 Paulbrook Road LLC purchased 14,855 square feet at 10810 Paulbrook Drive in Chesterfield for $1.4 million from Thunder Properties. Colton Konvicka and Chris Jenkins with Commonwealth Commercial Partners represented the buyer.

    #2 Walton Park LLC bought 1.318 acres at 1402 Packer Crossing in Bon Air for $795,000 from Woodlands Real Estate LLC. Douglas O. Tice III with S.L. Nusbaum Realty Co. represented the buyer.

    #3 Salima Davies and Lenton K. Davies purchased 2,600 square feet at 2917 M St. in Richmond for $715,000. Justin Sledd with One South Commercial represented the seller.

    TOP THREE LEASES

    #1 Sabert Corp. leased 188,162 square feet at 2913 Transport St. in Richmond. Jason Hetherington, Brad Lowry and Doug Tice with CBRE represented the tenant.

    #2 Fabriclean Supply Co. leased 18,000 square feet at 4311-4315 November Ave. in Henrico. Cliff Porter with Porter Realty represented the landlord.

    #3 Burchett’s Small Engine Service leased 7,171 square feet at 730 Research Road in Chesterfield. Byron Holmes with Porter Realty represented the landlord.

    Cushman & Wakefield | Thalhimer reported several deals, including EAT Restaurant Partners purchasing an acre at Route 301 and Rutlandshire Drive in Hanover for $525,000 from TI Hunt. A-Gas US leased 5,392 square feet at 13151-13153 Telcourt Road in Ashland.

    CBRE reported Kinsen LLC leasing 5,000 square feet at 1214 E. Cary St. in Richmond. Compass Commercial reported Pink Possum Tattoo leasing 1,373 square feet at 103 E. Main St. in Richmond.

    Commonwealth Commercial Partners reported several deals, including Club You LLC leasing 2,400 square feet at 7230 Bell Creek Road in Hanover and Kiernan Trebach LLP leasing 2,977 square feet at 7400 Beaufont Springs Drive in Chesterfield.

    Porter Realty Co. reported Protector Property Management leasing 2,419 square feet at 1500 Huguenot Road, Suites 108 & 109, in Chesterfield.

Commercial real estate trends and deals in the US market on October 4, 2024.