Richard W. Porter, CCIM, SIOR

Executive Vice President

As executive vice president and one of the firm’s principal broker, Dick is consistently recognized as one of the region’s top producing industrial real estate agents. Dick graduated from the University of Tennessee in 1976 with a B.S. in Business, and joined Porter Realty Company in 1980 after being stationed in Europe with the Signal Corps of the U.S. Army. Dick is an industrial specialist with SIOR, the Society of Industrial and Office Realtors, and has also served as president of the Virginia SIOR chapter. Dick is a former trustee of SIOR’s National Educational/Trust Fund, and a former member of SIOR’s National Membership Committee and National Board of Directors. Dick is also a Certified Commercial Investment Member (CCIM), and a member of River Road United Methodist Church.

Significant Assignments

1301 Battery Brooke Parkway (Chesterfield County) 317,000 SF | Landlord Representation Sales & Leasing

Significant Assignments

1301 Battery Brooke Parkway (Chesterfield County)

Need:

Out-of-state property owner requiring an efficient and thorough market review when preparing a 317,000 SF industrial facility to market.

Solution:

Developed a virtual market overview, allowing owner to review the competing product remotely and then to target specific properties for site visits.

Result:

Long-term lease secured after just 9 months on the market.

1500 Jefferson Davis Highway
1500 Jefferson Davis Highway 146,648 SF | Warehouse Leased

Significant Assignments

1500 Jefferson Davis Highway

Need:

Identify location to establish East Coast manufacturing facility through a multi-state search.

Solution:

Provide detailed review of potential markets and identify qualified matches for specific facility requirements. Facilitate communication with government officials to streamline the permitting and approval process.

Result:

Manufacturing facility established.

1500 Jefferson Davis Highway
2001 Ware Bottom Spring Road 100,000 SF | Manufacturing Complex Sales & Leasing

Significant Assignments

2001 Ware Bottom Spring Road

Need:

Out-of-state company consolidation requiring local market expert to assist in disposition strategy.

Solution:

Developed aggressive target marketing plan to create property awareness among users and potential investors.

Result:

Secured long-term tenant and closed sale to institutional investor.

2700 Deepwater Terminal Road 330,000 SF | Industrial Complex Sold

Significant Assignments

2700 Deepwater Terminal Road

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2819 & 2823 Bells Road 255,625 SF | Industrial Complex Sold

Significant Assignments

2819 & 2823 Bells Road

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3001 Cofer Road 540,000 SF | Seller Representation Sales & Leasing

Significant Assignments

3001 Cofer Road

Need:

Global packaging company holding surplus industrial facilities totaling 540,000 square feet.

Solution:

Develop custom solutions to address environmental and access issues affecting several of the properties and implement customized marketing strategy.

Result:

Buyer secured for all five of the surplus facilities.

2001 Ruffin Mill Road 50 Acres | Land Sold

Significant Assignments

2001 Ruffin Mill Road

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2400 Elliham Avenue 270,000 SF | Industrial Complex Sold

Significant Assignments

2400 Elliham Avenue

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2901 Bells Road 203,610 SF | Warehouse Leased

Significant Assignments

2901 Bells Road

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4650 Oakleys Lane 229,829 SF | Manufacturing Complex Sold

Significant Assignments

4650 Oakleys Lane

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