Richard W. Porter, CCIM, SIOR
Executive Vice President
As executive vice president and one of the firm’s principal brokers, 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.
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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
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.
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
Need:
Solution:
Result:
2819 & 2823 Bells Road
255,625 SF | Industrial Complex
Sold
Significant Assignments
2819 & 2823 Bells Road
Need:
Solution:
Result:
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
Need:
Solution:
Result:
2400 Elliham Avenue
270,000 SF | Industrial Complex
Sold
Significant Assignments
2400 Elliham Avenue
Need:
Solution:
Result:
2901 Bells Road
203,610 SF | Warehouse
Leased
Significant Assignments
2901 Bells Road
Need:
Solution:
Result:
4650 Oakleys Lane
229,829 SF | Manufacturing Complex
Sold
Significant Assignments
4650 Oakleys Lane
Need:
Solution:
Result: