The Latest Market News

Route 10 Corridor Facility Leased to Choice Services

October 2016

Choice Services LLC has leased 4,731 SF office/warehouse at 11924 Old Stage Road in Chesterfield County. Byron Holmes handled the negotiations on the landlord’s behalf.

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Hanover Air Park Office Leased to First Bank & Trust

October 2016

The First Bank & Trust Company has leased 2,300 SF of office space at 9671 Sliding Hill Road in Hanover County. Kevin Cox handled the negotiations on the landlord’s behalf.

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Hanover Air Park Facility Sold to Saunders Investment Properties

October 2016

Saunders Investment Properties LLC has purchased the 13,000 SF office/warehouse at 10429 Leadbetter Road in Hanover County from Leadbetter Property & Development Inc. for $775,000. Kevin Cox handled the negotiations on the seller’s behalf.

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Airport Area Office/Warehouse Sold to Aragon Group

October 2016

The Aragon Group LP has purchased the 1,620 SF office/warehouse at 5914 Lewis Road in Henrico County from Judie Elder. Cliff Porter handled the negotiations on the seller’s behalf.

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Goochland County Office/Warehouse Sold to Friant LLC

October 2016

Friant LLC purchased the 5,000 SF office/warehouse at 2546 Turkey Creek Road in Goochland County from John & Diannah Fleming for $372,500. Kevin Cox handled the sale negotiations.

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Hanover Air Park Flex Space Leased to Innovative Turf Services

October 2016

Innovative Turf Services Inc. has leased 1,110 SF office/warehouse at 11201 Hopson Road in Hanover County. Kevin Cox represented the landlord.

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Near West End Automotive Facility Leased to Auto Mechanic Chali

October 2016

Auto Mechanic Chali Inc. has leased the 1,500 SF automotive/warehouse facility at 3108 Northside Avenue in Henrico County. Cliff Porter represented the landlord.

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Scott’s Addition Office/Warehouse Sold to 2915 W Leigh St LLC

October 2016

2915 W Leigh St LLC purchased the 7,200 SF office/warehouse at 2915 & 2919 West Leigh Street in the City of Richmond from Walkerprice LLC for $462,500. Dick Porter handled the negotiations on the seller’s behalf.

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Airport Area Industrial Facility Sold to HC 2800 Sprouse LLC

September 2016

HC 2800 Sprouse LLC purchased the 148,877 SF industrial facility at 2800 Sprouse Drive in Henrico County from RBS Properties LLC for $4,000,000. Bob Porter and Cliff Porter represented the seller.

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West End Office/Warehouse Facility Leased to GPB10 LLC

September 2016

GPB10 LLC has leased the 16,745 SF office/warehouse at 3946 Deep Rock Road located off Broad Street west of Gaskins Road in Henrico County’s West End. Cliff Porter and Wilson Flohr represented the landlord.

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Route 60 Corridor Office/Warehouse Leased to Home Aid Inc.

September 2016

Home Recovery-Home Aid Inc. has leased 1,216 SF of office/warehouse space at 1500 Huguenot Road in Chesterfield County. Wilson Flohr represented the landlord.

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Premier Fixtures Leases Newly Built Airport Distribution Center Facility

September 2016

Becknell Industrial announced today that it has fully leased its speculative warehouse building currently under construction at the Airport Distribution Center on the southeast side of Richmond. 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.…

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East Richmond Office/Warehouse Facility Sold to 3 Sons Properties

September 2016

3 Sons Properties LLC has purchased the 8,814 SF office/warehouse building at 0.37 acres of land at 2507 Magnolia Road and 2600 Magnolia Street from Halloran Properties LLC. The property is located in Richmond’s East End, just off Mechanicsville Turnpike/Route 360. Kevin Cox represented the seller.

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Airport Area Location Leased to CSi Packaging Inc.

September 2016

CSi Packaging Inc. has leased 6,940 SF office/warehouse at 5360 South Laburnum Avenue in Henrico County’s Interport Business Center.  Dick Porter represented the tenant.  The Netherlands-based company provides material handling systems to a variety of customers and plans to hire 20 employees.  Full story here.

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