RISE Baseball has announced plans to build a $2.3 million, 30,000 square foot indoor center on land purchased in Chesterfield County at East Boundary Court and Old Hundred Road. Byron Holmes of Porter Realty Company brokered the sale of the land.
The new facility will featured a full-size infield, 14 batting cages, clay pitching mounds, a gym and cafe. RISE Baseball currently operates out of a 6,000 square foot facility in the Oak Lake Business Park. Click here to read the full story.
Roslyn Farm Corp. has purchased 203 acres at Rives Road in Prince George County from Richard E. Holland Jr. Properties LLC for $2.2 million.
The site is bordered on the east by Interstate 295 and on the west by I-95, with access at Exit 47. Robert E. Porter Jr. of Richmond-based Porter Realty Co. Inc. handled the marketing and sale negotiations on behalf of the seller. Click here for the announcement in Virginia Business.
Rocstone Warehouse 17 LLC has purchased the 45,000 SF office/warehouse facility at 2200 Lanier Lane in Goochland County from Lanier Lane Realty LLC for $3,050,000. Porter Realty’s Kevin Cox represented the buyer in the acquisition and will also be marketing the property for lease. The Rockville, VA facility features heavy sprinkler and power systems, dock and drive-in access, and a fenced storage yard. The property was most recently occupied by Specialty Beverage VA, who relocated to a larger facility in eastern Henrico County. Click here for the announcement in Virginia Business.
Published in Richmond Biz Sense: As buyers continue to snatch up derelict properties along Brookland Park Boulevard, a real estate player in the Northside neighborhood is taking the lead on investing in another nearby street. Kyle H. Johnston, the owner of Richmond-based Hampton Nash, acquired two buildings at 2914-2916 North Ave. Hampton Nash renovates historic residential and small commercial structures across the city, including the Brookland Park neighborhood.
Wilson Flohr, a broker with Richmond-based Porter Realty who represented Johnston in the North Avenue deal, will lease out the space after renovations.
The Greater Richmond Association of Commercial Real Estate (GRACRE) presented its real estate awards for 2017 area projects and transactions, and named the lease of Building E at the Airport Distribution Center as the year’s best industrial lease. Premier Store Fixtures will be the sole occupant of Building E, a 216,000 square-foot, 32′ clear building featuring LED lighting, ESFR sprinkler system and 7″ unreinforced concrete slab, developed and built by Becknell Industrial. The facility was completed in the 4th quarter of 2016. Cliff Porter is the exclusive agent for Becknell’s sites in the East End park.
View the full list of GRACRE award recipients here.
Published in the Richmond Times-Dispatch: All segments of the commercial real estate market in the Richmond area are expected to do well this year, according to a panel of speakers at the 2017 Market Review presented Tuesday by the Greater Richmond Association for Commercial Real Estate.
“I am very bullish on 2017,” panelist Byron Holmes, vice president of Porter Realty Co. Inc. in Richmond, said about the industrial market.
Urban Innovations LLC has leased 5,610 SF of warehouse space at 3121 West Leigh Street in the City of Richmond. Cliff Porter and Wilson Flohr represented the landlord.
Rite Rug Company has leased the 16,500 SF office/warehouse facility at 2500 Mechanicsville Turnpike in Henrico County. Cliff Porter handled the negotiations on the landlord’s behalf.
Shooters Archery LLC has purchased the 15,200 SF office/warehouse facility at 19249 Partlow Road in Caroline County from Countryside Farm & Hardware LLC for $325,000. Kevin Cox represented the seller.
Iglesia Bethel Mission Inc. has purchased the 7,266 SF office/warehouse facility at 6900 Carnation Street in the City of Richmond from North American Islamic Trust. Wilson Flohr handled the negotiations on the seller’s behalf.
Sterilization Services of Virginia has subleased 26,000 SF of office/warehouse space at 5627 Eastport Boulevard in Henrico County. Cliff Porter handled the negotiations on behalf of the sublessor.
Super Radiator Coils has leased 12,525 SF of office/warehouse at 8951 Whitepine Road in Chesterfield County. Byron Holmes handled the negotiations on the landlord’s behalf.
Master Pools Guild Inc. has leased 1,326 SF of office space at 713 North Courthouse Road in Chesterfield County. Byron Holmes handled the negotiations on the landlord’s behalf.
Capital Refrigeration Services has leased 1,900 SF of office/warehouse space at 1321 Ramblewood Drive in Chesterfield County. Byron Holmes handled the negotiations on the landlord’s behalf.
