realestate

Commercial Real Estate Update: March 14, 2025 Edition

Top Transactions: $6.5M Showroom/Warehouse Sale, 9,700 sqft School Lease in Henrico

T
OP THREE SALES

    #1 Freedom Land RVA Real Estate acquired 60,064 square feet at 6020 W. Broad St. in Henrico for $6.5 million from Broad Street Colony. Jamie Galanti represented the seller.

    #2 1300 Alverser Plaza LLC purchased 3,480 square feet at 1300 Alverser Plaza in Chesterfield for $808,000 from JK Partners. Tucker Dowdy represented the buyer.

    #3 Troubleshot LLC acquired 61,730 square feet at 530 E. Washington St. in Petersburg for $600,000. Ann Schweitzer Riley and Isaac Weintz represented the buyer.

    TOP THREE LEASES

    #1 Celebree School leased 9,310 square feet at 5300 W. Marshall St. in Henrico. Adam Shor and Nathan Shor represented the tenant.

    #2 Richmond Academy of Ballet expanded into 8,100 square feet at 413 Branchway Road in Chesterfield. Andy Walsh represented the tenant.

    #3 Mosaic Pediatric Therapy leased 7,780 square feet at 7101 and 7045 Forest Hill Ave. in Richmond. Reilly Marchant represented the landlord.

    Cushman & Wakefield | Thalhimer reports:

    Lipstock Animal Hospital leased 3,323 square feet at 17 LeGordon Drive in Chesterfield. Alex T. Wotring and Bruce Bigger represented the tenant.

    GameDay 301 leased 2,984 square feet at 8109 Judith Lane in Hanover. Annie O'Connor represented the landlord.

    S.L. Nusbaum Realty Co. reports:

    Sheetz leased 2 acres at 9927 Mayland Drive in Henrico. Reid Cardon represented the landlord.

    Quest Diagnostics leased 3,865 square feet at 11740 W. Broad St., Unit #B104, in Richmond. Sarah Sadler and Andrew Thacker represented the landlord.

    Divaris Real Estate reports:

    Elite Martial Arts leased 2,680 square feet at 7588 W. Broad St. in Henrico. John Madures represented the landlord.

    New Hope Wellness leased 1,500 square feet at 512 Hull St. in Richmond. Dawn Calabrese represented the landlord.

    SugarOak Realty reports:

    DJB Hospitality leased 3,289 square feet at 812 Moorefield Park Drive in Chesterfield. Andy Walsh represented the tenant.

    CBRE reports:

    OCD Anxiety Centers leased 5,197 square feet at 6627 W. Broad St. in Henrico. Matt Hamilton represented the tenant.

    Commonwealth Commercial Partners reports:

    Dominion Facility Services leased 1,640 square feet at 10013 Whitesel Road in Hanover. Colton Konvicka and Ben Bruni represented the landlord.

    One South Commercial reports:

    Air Tech Solutions purchased 1,500 square feet at 8129 Pine Ridge Road, Unit 202, in Hanover for $295,000. Chris Corrada represented the buyer.

Commercial real estate news and market trends for March 14, 2025 edition.