realestate

Commercial Real Estate Update: Key Trends & Developments

Henrico County reports $75.3M in building sales, plus major retail lease deal.

T
OP THREE SALES

    #1 Thalhimer Realty Partners purchased 14 flex/industrial buildings totaling 642,384 square feet in Henrico for $75.3 million. Evan Magrill and Matt Raggi handled the transaction.

    #2 Westchester Towns Development Co. bought 6.57 acres at WC Commons Way in Chesterfield for $2.422 million from Zarema Metropolitan Midlothian LLC. Alex T. Wotring, David Crawford, and Kevin South represented the seller.

    #3 Neil J. Zemmel purchased 1.8 acres along Cosby Road in Chesterfield for $2.006 million from Cosby Village LLC. Amy J. Broderick with Cushman & Wakefield | Thalhimer represented the seller.

    TOP THREE LEASES

    #1 Miya Nails & Spa leased 10,823 square feet at Parham Road in Henrico. Todd Buttner represented the tenant.

    #2 Musket Corp. expanded by 3,120 square feet at Deepwater Terminal Road in Richmond. Isaac DeRegibus with Cushman & Wakefield | Thalhimer represented the tenant.

    #3 On The Fly Moving Guys leased 2,850 square feet at Dabney Road in Henrico. Chrissy Chappell, Craig Douglas, and Scott Douglas represented the landlord.

    Cushman & Wakefield | Thalhimer reports:

    JP Hospitality purchased 5.9 acres at Midlothian Tpke. in Chesterfield for $1.2 million from Gouldin Properties.

    6403 Mallory Drive LLC bought 2,616 square feet at Mallory Drive in Henrico for $560,000.

    Youthful Beginnings leased 2,090 square feet at W Broad St. in Henrico.

    Robson Lenhart PC leased 1,923 square feet at Cox Road in Henrico.

    Andrew Kim leased 1,502 square feet at W Broad St. in Henrico.

    Commonwealth Commercial Partners reports:

    Terrain360 LLC leased 1,800 square feet at Antique Lane in Hanover.

    Acterra Group leased 1,800 square feet at Antique Lane in Hanover.

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