The Pipeline: Commercial Real Estate Round Up for 1.22.10
January 22, 2010 by Al Harris · Leave a Comment
Richmond International Raceway Inc. purchased the 221,490-square-foot industrial building at 4300 Carolina Avenue in Richmond for $7.84 million from Liberty Property Trust.
Commonwealth Commercial reports the following deal:
Complete Automotive of Richmond, Inc leased 6,020 square feet at 11006-E W. Broad St. in Henrico.
CB Richard Ellis reports the following deals:
Dixie Sports Goods Company leased 4,105 square feet at 2235 Staples Mill Road in Henrico.
The Guardian Life Insurance Company leased 4,260 square feet at 6641 W. Broad St. in Henrico.
Thalhimer reports the following deals:
Bookholders, LLC leased 6,710 square feet at 720 W. Grace Street in the City of Richmond.
Kraft Foods Global, Inc. leased 5,570 square feet in Ruffin Mill Center, 16023 Continental Blvd. in Colonial Heights.
Fastenal leased 2,490 square feet at Meadowbridge Suites, 8420 Meadowbridge Road in Hanover.
The MARCS Agency leased 1,945 square feet at 219 E. Clay Street in Richmond.
Facility Management Solutions, LLC leased 1,510 square feet at Riverfront Plaza, 901 E. Byrd St., in Richmond.
DO Hair Salon leased 1,140 square feet at Parham One Shopping Center, 8191 Brook Road in Henrico.
Al Harris covers commercial real estate for BizSense. Please send news tips to Al@richmondbizsense.com
Last course for two restaurants
November 11, 2009 by Al Harris · 6 Comments
Two Goochland restaurants – both high-end and both in converted farm houses – have cooked their last meal.
The first to close was The Farmhouse at 1840 Manakin-Sabot Road. The 150-year-old house has operated as a restaurant for many years and was formerly known as the Foxhead Inn. After a number of ownership changes, in 2007 it was purchased by New Jersey transplant Ronnie Lower, who moved here with her husband to be closer to their daughter and her family. Read more
The Pipeline: Commercial Real Estate Round Up for 7.24.09
July 24, 2009 by Al Harris · Leave a Comment
CB Richard Ellis reports the following transactions:
Briefings Media Group, LLC, a publishing company, leased 8,300 square feet at 2807 N. Parham Road in Henrico.
CSX Transportation leased 6,200 square feet at 1610 Forest Ave in Henrico.
Taylor Long Properties reports the following transactions:
Curves for Women, a health club, leased 2,000 square feet at the Bell Creek Market Shopping Center in Hanover.
Commonwealth Commercial reports the following transactions:
People Share leased 1,200 square feet at 9100 Arboretum Parkway in Chesterfield.
The Indecor Group, Inc. trading as the Virginia Paint Company leased 16,250 square feet at 4307 W. Broad St. in Richmond.
Porter Realty reports the following transactions:
James W. Boehling purchased the 14,800-square-foot flex building at 13513 East Boundary Court in Chesterfield from East Boundary Partnership for $1.23 million.
George and Mary Gibrall purchased the $3,000 square foot office at 3504 Mayland Court in Henrico from AR Marketing for $325,000.
Diamond Hill Plywood Company leased 151,000 square feet at 17320 North Washington Highway in Hanover.
Specialty’s Our Name, a sheet metal fabricator, leased 3,000 square feet at 11232 Hopson Road in Hanover.
Air Park Auto Care leased 2,500 square feet at 2221 Staples Mill Road in Henrico.
Royal Underground leased 1,600 square feet at 11201 Hopson Road in Hanover.
Thalhimer reports the following transactions:
The Grove LLC purchased two 12-unit apartment buildings at 4209-4213 Grove Avenue in Richmond from Wild Goose LLC for $1.9 million.
The Pipeline: Commercial Real Estate Round Up for 7.3.09
Porter Realty reports South Atlantic Properties Inc. purchased the 22,800 square foot office/warehouse at 11046 Leadbetter Road in Hanover from TSC LLC for $1.2 million.
Pocoshock Commons LLC purchased the 5,500 square foot office/warehouse at 7729 Pocoshock Way in Chesterfield from AJS Holdings LLC for $383,000.
Metro Restaurant & Janitorial Supplies leased 6,000 square feet at 12101 Wilfong Court in Chesterfield.
Thalhimer reports Wolfgang’s Gym leased 11,500 square feet at 3517 Courthouse Road in Chesterfield.
Kitchen Crafters, Inc. leased 4,000 square feet at 9071 W. Broad St. in Henrico.
Ultimate Karate Academy, Inc. leased 4,000 square feet at 1115 Alverser Drive in Chesterfield.
Encore Dance Studio leased 3,200 square feet in Westchester Commons at Midlothian Turnpike and Route 288 in Chesterfield.
Kevin Harrison, D.O., P.C. leased 1,900 square feet at 9460 Amberleigh Drive in Chesterfield.
LivingWell Healthcare Cooperative, a healthcare program for businesses, leased 1,100 square feet at 4196-B Innslake Drive in Henrico.
CB Richard Ellis reports UPS Supply Chain Solutions leased 11,500 square feet at 1550-1590 E. Parham Road in Henrico.
Commonwealth Commercial reports Ciao of Carytown leased 2,000 square feet at 3031 W. Cary St. in Richmond.
Liberty Property reports Eco Granite and Marble leased 18,000 square feet at the Fairgrounds Distribution Center-Building C in Henrico.
Grubb and Ellis | Harrison and Bates reports Kincersnyder PC, a new law firm with a focus in civil litigation, leased 2,100 square feet at North Shore commons at 4991 Lake Brook Drive in Henrico.
Divaris reports Ross Dress for Less leased 25,000 square feet at Town Center Plaza on Midlothian Turnpike and Mall Road in Chesterfield.
The Pipeline: Commercial Real Estate Round Up for 6.12.09
June 12, 2009 by Al Harris · Leave a Comment
Grubb & Ellis | Harrison & Bates reports GPM Investments, an operator of convenience stores on the East Coast, has leased 25,600 square feet at 8565 Magellen Parkway in Henrico.
Precision Recycling leased 15,300 square feet at 13101 N. Enon Church Road in Chesterfield.
Kinsale Capital Group , a Chicago-based private equity firm, leased 7,000 square feet at 6802 Paragon Place in Henrico.
BB&T Insurance Services leased 6,100 square feet at 2108 W. Laburnum Avenue in Richmond.
Salon Del Sol, a locally-owned chain of salons and spas, leased 1502 E. Parham Road in Henrico.
PW Photography, a wedding and portrait photographer, leased 2,800 square feet at 11341 Business Center Drive in Chesterfield.
Hampton Rubber Company, an industrial tubing and gasket distributor based in Hampton, leased 2,500 square feet at 1511 W. Hundred Road in Chesterfield.
William L. Coker III, DDS leased 1,400 square feet at 1805 Monument Avenue in Richmond.
TJ’s Bridals & Formals leased 1,200 square feet at 67 S. Laburnum Avenue in Henrico.
Liberty Property reports Capital Center LLC, a home mortgage lender, leased 5,600 square feet at 4510 Cox Road in Henrico.
Synergy Systems, Inc. leased 9,000 square feet at 4510 Cox Road in Henrico.
Commonwealth Commercial reports the Nelson Company leased 2,750 square feet at 2557 Sheila Lane in Richmond.
Thalhimer reports Gunther’s Land Company LLC purchased a 2,600-square-foot office condo at 3530 Mayland Court in Henrico from Moreland Realty, LLC for $290,000.
The Pipeline: Commercial Real Estate Round Up for 6.5.09
June 5, 2009 by Al Harris · Leave a Comment
Thalhimer reports Dr. Klinton Kranski purchased a 1,700-square-foot office condo at 555 Southlake Boulevard in Chesterfield from Scott Douglas Corporation for $171,000.
Admiral Americas, a UK-based auto insurer, leased 26,600 square feet at 140 East Shore Drive in Henrico. Read more
The Pipeline: Commercial Real Estate Round Up for 5.29.09
May 29, 2009 by Al Harris · Leave a Comment
Taylor Long Properties reports a Purchase Agreement has been signed between Laburnum Partners LLC (Buyer) and Laburnum Station LLC (Seller) for 2 acres located at the Laburnum Station Development on Gay Avenue in Henrico County for the purpose of developing and constructing a hotel. The purchase price is $775,000.
GVA Advantis reports Dynamic Associates LLC purchased 1.5 acres in Chester from Centres BFS Northeast LLC for $800,000.
Klondike Properties purchased the 1,250 square feet building at 11541 Nuckols Road for $208,725.
EPIC Pharmacy Network, a buying group for pharmacists, leased 7,000 square feet at 8703 Studley Road in Hanover.
Usry, Inc.,a builder of mobile offices and modular buildings, leased 4.1 acres of land at 1207 School Street in Richmond.
Porter Realty reports Terry’s Tire Town,a Mid-West based tire distributor, leased 90,000 square feet of at 4501 Carolina Avenue in Henrico.
Cobb Technologies, a Virginia-based copy machine dealer, leased 6,500 square feet at 4103-C W. Clay St. in Henrico.
New Clients, Inc., a local promotional products distributor, leased 4,700 square feet of office space at 12820 West Creek Parkway in Goochland.
AECOM Technologies Corp., a multinational engineering firm, leased 4,000 square feet at 2416 Lanier Road in Goochland.
Commonwealth Commercial reports Smoothie King, a national smoothie franchise, leased 900 square feet at 10871 W. Broad St. in Henrico.
Dogma, an independent pet store and grooming salon, leased 2,400 square feet at 3501 W. Cary St. in Richmond.
Crop Production Services, Inc., a Colorado-based producer of genetically modified seeds, leased 1,100 square feet at 804 Moorefield Park Drive Suite 210 in Henrico.
International Special Risks, Inc., a marine insurance brokerage, leased 2,500 square feet at 730 Glen Forest Drive Suite 405 in Henrico.
Import Autohaus, a local foreign car repair shop, leased 2,500 square feet at 11002-B W. Broad St. in Henrico.
Highwoods reports The M.O.S. Group, a foreclosure outsouring agency, leased 27,000 square feet in the Highwoods Commons Building at 5101 Cox Road in Henrico. CB Richard Ellis also reported this transaction.
CB Richard Ellis reports PricewaterhouseCoopers LLC,a professional services firm, leased 10,300 square feet at 111 Virginia St. in Richmond.
AMC Technologies, Inc. leased 5,700 square feet at 15521 Midlothian Turnpike in Chesterfield.
Thalhimer reports Cheer Factory All Stars, a cheerleading camp, leased 15,100 square feet at 8444 Old Richfood Road in Hanover.
Roanoke Engineering Sales Co., Inc., a manufacturer’s representative, leased 4,300 square feet at 3961 Deep Rock Road in Henrico.
A to Z Coin Exchange leased 1,400 feet in Plaza View Shopping Center in Richmond.
4 U 2 U Brands, LLC leased 1,200 square feet at 20 N. 20th St. in Richmond.
Canavan Construction leased 1,200 square feet at 500 Libbie Avenue in Richmond.
