The Latest Market News

Historic Fan Area Office Leased to D&R Marketing LLC

December 2014

D&R Marketing LLC has leased 1,000 SF of office space at 3500 Grove Avenue in the City of Richmond.  Byron Holmes handled the negotiations on the landlord’s behalf.

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Route 1 Corridor/Hanover County Automotive Complex Sold

December 2014

RLS Ashland LLC has purchased the automotive/warehouse complex at 418 South Washington Highway in Hanover County from Sheehy Investments Five LC.  Cliff Porter and Kevin Cox handled the sale negotiations.

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Dabney Area Office/Warehouse Facility Sold to Roseneath LLC

December 2014

Roseneath LLC has purchased the 3,640 SF office/warehouse facility at 1705 Dabney Road in Henrico County from D&S Property Rental LLC.  Wilson Flohr handled the sale negotiations.

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Scotts Addition Office/Warehouse Leased to Engineered Services

December 2014

Engineered Services has leased 6,160 SF office/warehouse at 2101 North Hamilton Street in the City of Richmond.  Cliff Porter handled the negotiations on the tenant’s behalf.

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Broad Street Corridor Facility Leased to Pleasants Hardware Inc.

December 2014

Pleasants Hardware Inc. has leased the 38,360 SF complex at 4400 West Broad Street in Henrico County.  Dick Porter and Wilson Flohr handled the negotiations on the landlord’s behalf.  Click here for the full story on the relocation.

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Route 10 Corridor Chester: Industrial Facility Sold

November 2014

TMJ Storage has purchased the 21,144 SF office/warehouse facility at 1800 Coyote Drive in Chesterfield County from Village Bank.  Byron Holmes handled the sale negotiations on the buyer’s behalf.

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Route 10 Facility Leased to J.L. Shockley Truck Service

November 2014

J.L. Shockley Truck Service Inc. has leased the 4,000 SF office/warehouse facility at 13536 Charlotte Court, located off Old Stage Road in Chesterfield County.  Byron Holmes handled the lease negotiations.

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Midlothian Corridor Office Condo Sold to FE4 Holdings LLC

November 2014

FE4 Holdings LLC has purchased the 4,483 SF office condominium at 519 & 521 Branchway Road in Chesterfield County from First Community Bank.  Byron Holmes handled the sale negotiations on the seller’s behalf.

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Becknell Industrial Announces Acquisition of Airport Distribution Center

November 2014

Chicago-based Becknell Industrial has completed the purchase of an 116,000 square foot multi-tenant distribution facility and 39.9 acres of land in the Airport Distribution Center located just outside of Richmond, Virginia in Henrico County’s East End.  Cliff Porter handled the sale on behalf of the seller, Birmingham-based Graham & Company, who purchased the site in…

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West End Henrico County Office/Warehouse Sold

November 2014

SDMIE Holdings LLC has purchased the 2,400 SF office/warehouse facility at 2419 Grenoble Road in Henrico County.  Byron Holmes handled the negotiations on the seller’s behalf.

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Cary Street Facility Sold Virginia Commonwealth University

November 2014

Virginia Commonwealth University has purchased the 7,100 SF office/warehouse building at 9 West Cary Street in the City of Richmond from Lovette Partners LLC.  Bob Porter and Wilson Flohr handled the sale negotiations.

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East End Office/Warehouse Location Leased to R.E. Michel

November 2014

R.E. Michel has leased the 25,004 SF office/warehouse facility at 2400 Magnolia Road in the City of Richmond.  Cliff Porter handled the lease negotiations.

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Atlee Area Office Leased to The Seniors Companion Inc.

October 2014

The Seniors Companion Inc. has leased 475 SF of office space at 9568 Kings Charter Drive in Hanover County.  Kevin Cox handled the negotiations on the landlord’s behalf.

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Hanover Land Sites Sold (Altee Commons + Hanover Air Park)

October 2014

South Atlantic Properties has sold two Hanover land sites – the first to MyFlex LLC, a 1.37-acre site at Atlee Commons Drive, and the second to 9606 Sliding Hill LLC, a 0.41-acre site at 9606 Sliding Hill Road.  Cliff Porter and Kevin Cox handled both sales.

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