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            		                January            		                2013            		        	
        		             
    	                    
  
    	                                        		            
    	                      
    		            
    		        Commerce Road Industrial Portfolio Sold to City of Richmond
The City of Richmond purchased a portfolio of properties along the Commerce Road corridor from Ashbys Real Estate Investment LLC with plans to relocate their fleet maintenance facilities from the current location off North Boulevard in preparation for redevelopment of the 60-acre North Boulevard site. The Commerce Road complex will house maintenance operations for City vehicles ranging from police cars to public works trucks. Dick Porter represented the seller in the marketing and sale negotiations.