realestate

Commercial Real Estate Update: Key Trends and Deals

$16M land sale in Goochland and 22,000 sqft lease in Henrico top recent transactions.

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    Top Three Sales

    Amazon.com Services purchased a 105-acre property at 1900 Ashland Road in Goochland for $16.5 million. Taylor Long Properties represented the seller.

    AFNK LLC bought 77,759 square feet of space at 1701 W. Hundred Road in Chesterfield for $6.9 million from West Hundred LLC. Commonwealth Commercial Partners and Colliers represented the parties involved.

    JJE RE LLC acquired 3,600 square feet at 1006-1008 Lafayette St. in Richmond for $1.1 million. CBRE represented the seller.

    Top Three Leases

    Property Specialist RVA leased 22,506 square feet at 5701 Greendale Road in Henrico. Cushman & Wakefield | Thalhimer represented the tenant.

    IES Communications rented 16,800 square feet at 540 Eastpark Court in Henrico. Colliers represented the tenant.

    D.A. Davidson & Co. leased 10,857 square feet at 4901 Libbie Mill East Boulevard in Henrico. Colliers represented the landlord.

    One South Commercial reports the following deals:

    Morgan Potter and family purchased four units at 3424-26 S St. in Richmond for $590,000. Justin Sledd represented the seller.

    Panos Properties bought four units at 3420-22 S St. in Richmond for $565,000. Justin Sledd and Isaac Weintz represented the parties involved.

    Pollard & Bagby reports the following deals:

    Old Dominion Insulation leased 5,113 square feet at 3820-B Richmond Hwy. in Richmond. Lebs Breeden represented the landlord.

    Joslyn's Services rented 1,375 square feet at 3819 Richmond Hwy. in Richmond. Lebs Breeden represented the landlord.

    Cushman & Wakefield | Thalhimer reports the following deals:

    MS Real Ventures purchased 3.23 acres on Route 1 at Design Road in Ashland for $786,000. Brian Felton represented the buyer.

    Dominion Dental Management leased 5,100 square feet at 7101 & 7045 Forest Hill Ave. in Richmond. James Ashby IV and Reilly Marchant represented the landlord.

    Taylor Long Properties reports the following deals:

    Javier Holdings purchased 2,406 square feet at 7329 Boulder View Lane in Chesterfield for $422,500 from Crunch LLC. Brian Glass and Rebecca von Meister represented the seller.

    CBRE reports the following deals:

    HKB Fitness Enterprises leased 1,982 square feet at 3521 Ellwood Ave. in Richmond. Pam Strieffler represented the landlord.

    Commonwealth Commercial Partners reports the following deals:

    Artistic Obsession rented 1,400 square feet at 8319-A Bell Creek Road in Hanover. Morgan Trible represented the landlord.

    Colliers reports the following deal:

    Journey Christian Church purchased 2.731 acres at 3630 Call Federal Drive in Chesterfield for $850,000 from Irshad and Shanana Ahmed Trust. Peter Vick and Harrison Hall represented the seller.

Business professionals discussing commercial real estate trends and deals in a conference setting.