The Latest Market News

Hanover Air Park Flex Space Leased to Aber Pharmaceuticals LLC

December 2015

Aber Pharmaceuticals LLC has leased 800 square feet of office/warehouse space at 11159 Air Park Road in Hanover County. Kevin Cox handled the negotiations on the landlord’s behalf.

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Hanover Industrial Air Park Facility Sold to M.L. Bell Properties

December 2015

M.L. Bell Properties LLC has purchased the 10,500 square foot office/warehouse facility at 10968-10972 Richardson Road in Hanover County from Tignor Properties LLC. Kevin Cox handled the negotiations on the buyer’s behalf.

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Route 1 Corridor Hanover Location Leased to Virginia Lawn Ventures

December 2015

Virginia Lawn Ventures has leased 3,000 square feet of office/warehouse space at 10447 Design Road in Hanover County. Kevin Cox handled the negotiations on the landlord’s behalf.

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RVA Downtown Area Warehouse Facility Sold to Liquid Inc.

December 2015

Liquid Inc. has purcahsed the 11,695 square foot warehouse facility at 413 Bickerstaff Road in Henrico County from Rocketts Landing Property LLC, located just east of downtown Richmond. Kevin Cox represented the buyer.

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Powhatan Manufacturing Facility Sold to JC Development

December 2015

JC Development LLC has purchased the 15,000 square foot warehouse/manufacturing facility at 4000 Jefferson Park Road in Powhatan County from Development Company of America LLC. Byron Holmes represented the seller.

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Midlothian Corridor/Windsor Park Office Leased to Tosh Inc.

December 2015

Tosh Inc. has leased 2,169 SF of office space at 611 North Courthouse Road in Chesterfield County. Byron Holmes handled the negotiations on the landlord’s behalf.

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RIC Airport Area Industrial Facility Sold to San-J International

November 2015

San-J International has purchased the 42,500 SF office/warehouse facility at 6200 Gorman Road in Henrico County from Cyrano Richmond Real Estate.  Cliff Porter represented the seller, and Dick Porter handled the negotiations on the buyer’s behalf.

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Midlothian Corridor Office/Warehouse Leased to Amtech

November 2015

Amtech Inc. has leased 2,605 SF of office/warehouse space at 711 Moorefield Park Drive in Chesterfield County.  Cliff Porter and Byron Holmes handled the negotiations on the landlord’s behalf.

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Huguenot Corridor Office Building Sold to Children Inc

November 2015

Children Incorporated have purchased the 6,400 SF office building at 11513 Allecingie Parkway in Chesterfield County from Sivitas LLC.  Kevin Cox represented the seller, and Byron Holmes handled the negotiations on the buyer’s behalf.

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Chesapeake Office Suite Leased to Direct General Insurance

November 2015

Direct General Insurance Agency Inc. has leased 1,500 SF of office space at 1020 North Battlefield Boulevard in the City of Chesapeake.  Cliff Porter handled the lease negotiations.

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Southpark Center Flex Suite Leased to Open Plan Systems

November 2015

Open Plan Systems has leased 13,828 SF of office/warehouse space at 5140 Commerce Road in Southpark I.  Dick Porter handled the negotiations on the tenant’s behalf.

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Downtown RVA Retail Location Leased to Walgreen Co

November 2015

Walgreen Co has leased 3,585 SF of retail space at 312 East Broad Street in Downtown Richmond.  Bob Porter represented the tenant.

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Airport Area Office/Warehouse Leased to Franz Haas Machinery

November 2015

Franz Haas Machinery of America Inc. has leased 3,180 SF of office/warehouse space at 5350 Lewis Road, located in Henrico County’s East End.  Dick Porter represented the tenant.

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Porter Realty Contributes to Southeast Industrial Market Review

November 2015

Southeast Real Estate Business recently profiled the I-85 corridor, tracing industrial markets from Alabama to Virginia.  Porter Realty was asked to contribute the Richmond/Tri-Cities market data.

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