realestate

Commercial Real Estate Update: Key Trends & Deals October 2024

Top Deals: $3M Sale in Chesterfield, 18K SF Lease in Richmond

T
OP THREE SALES

    #1 Grands Holdings sold 30,627 square feet at 200 N. Otterdale Road in Chesterfield for $3 million to R & M LLC. Robert Porter with Porter Realty Co. represented the buyer.

    #2 Ellis Sirles Holdings sold 9,700 square feet at 11144 Progress Road in Hanover for $2.2 million to 11144 Progress Partners. Kevin Cox with Porter Realty Co. represented the seller.

    #2 Jokity Investments purchased four units at 1818 Park Ave. in Richmond for $2.2 million. Isaac Weintz with One South Commercial represented the purchaser.

    THREE TOP LEASES

    #1 UDG Acquisitions leased 18,437 square feet at 5120 Commerce Road in Richmond. Cliff Porter of Porter Realty Co. represented the tenant.

    #2 Sodexo Operations leased 10,935 square feet at 2500 Nine Mile Road in Richmond. Amy J. Broderick and team with Cushman & Wakefield | Thalhimer represented the landlord.

    #3 Torque Supply leased 10,000 square feet at 7640 Whitepine Road in Chesterfield. Chrissy Chappell and Gregg Beck of Cushman & Wakefield | Thalhimer represented the landlord.

    S. L. Nusbaum Realty Co. reports:

    C&P Baking Co. leased 3,864 square feet at 1717 E. Franklin St. in Richmond. Sarah Sadler and Austin Newman represented the tenant.

    New Flow Beauty Salon & Barber Shop leased 2,079 square feet at 7102 Hull Street Road, Unit 32, in Chesterfield. Andrew Brodie and Nathan Shor represented the landlord.

    Cushman & Wakefield | Thalhimer reports:

    HHC Poplar Springs LLC purchased 11,000 square feet at 8011-8013 Midlothian Tpke. in Chesterfield for $1.75 million from The Milkin Family Investments. Michael A. Shaia represented the seller.

    Superior Environmental Solutions leased 5,980 square feet at 13100 Ramblewood Drive in Chesterfield. Gregg Beck represented the landlord.

    Taylor Long Properties reports:

    Distance Medical Staffing leased 1,256 square feet at 1806 Chantilly St. in Richmond. Tyler Schleinkofer represented the tenant.

    Makonee Dialysis leased 2,548 square feet at 4346 S. Laburnum Ave. in Henrico. Ellen Long and Robert Marshall represented the landlord.

    Commonwealth Commercial Partners reports:

    Randalls Industrial Services leased 7,500 square feet at 711 Hospital St. in Richmond. Ben Bruni and Collins Burlee represented the landlord.

    VA Health & Wellness dba Tele-Doc Weightloss leased 2,052 square feet at 1801 Libbie Ave. in Henrico. Tucker Dowdy represented the tenant.

    Porter Realty Co. reports:

    Sports Supplements South Inc. leased 4,555 square feet at 477 Southlake Blvd. in Chesterfield. Byron Holmes represented the landlord.

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Commercial real estate trends and deals in October 2024 highlighted globally.