The Pipeline: commercial real estate review for 8.20.21

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TOP-THREE SALES:

# 1: Hem & Spire LLC. bought 53,392 sq ft v 1300 Mactavish Ave. v Richmond for USD 10.8 million USA from LLC “ADTs II”. Katherine Spangler and Jeff Cook with Cushman & Wakefield | Talchimer represented the seller.

# 2: Raffin Mill LLC bought 17,235 sq ft v 3452 Anderson Highway v Powhatan for $ 4.325 million USA from JWN Properties. Nathan Shore, Elliot Warsoff, Thomas Langston, Chris Zarpas and Mike Zarpas with SL Nusbaum Realty represented the seller.

No. 3: Old Washington Highwa, LLC. bought 32,000 square feet on 5.32 acres v 10441 Washington Highway v Henrico for $ 2.9 million from G&G Motorcycles. Ben Bruni and David Williams with Commonwealth commercial partners represented the seller.

TOP-THREE RENTALS

# 1: Technology Integration Group expanded 12,667 sq ft v 8040 Villa Park Drive v Henrico. Graham Stoneburner and Mark E. Douglas with Cushman & Wakefield | Talchimer represented the homeowner.

# 2: Sleeping Dog Ltd. leased 8100 sq. Ft. v 1329 E. Carey Street. v Richmond. Keith Tyler and Michael Goode with Commonwealth commercial partners represented the homeowner.

# 3: Holland & Knight LLP leased 5830 sq. Ft. v 200 S. 10th st. v Richmond. Madeleine Alderman and Tribe Sutton with Divaris Real Estate represented a sub-landlord.

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Cushman & Wakefield | Thalhimer reports the following deals:

Trustee Jonathan C. Kinney acquired 79 acres on I-64 and Eltham Road in New Kent for $ 950,000 from the Lewis C. Burrell Estate. Pete Waldbauer represented the salesperson.

Breez-In Associates acquired 2,133 square feet at 4105 S. Laburnum Ave. in Henrico for $ 1,175,000 from SHB Properties. Pete Waldbauer represented the salesperson.

Green Leaf Medical of Virginia leased 5,636 square feet at 3100 W. Cary St. in Richmond. Nicky Yassi represented the tenant.

Xhale Smoke and Vape rented 1,600 square feet at 12,100 Bermuda Crossroads Lane in Chesterfield. Alex T. Watring and Riley Marchant represented the landlord, and Pamela H. Streffler represented the tenant.

Crumbl Cookies leased 1,200 square feet at 9645 W. Broad St. in Henrico. Annie O’Connor and James Ashby IV represented the homeowner.

CBRE announces the following deals:

Clay Street Station LLC acquired 0.4 acres at 1120 W. Clay St. in Richmond for $ 1.6 million from Dominion Energy. Chris Wallace, Andrew Ferguson and Jason Hetherington represented the seller.

1st & Goal Chester Properties acquired 3,581 square feet at 2520 W. Hundred Road in Chesterfield for $ 1.25 million from Northern 1031 Exchange LLC. Susan Jones represented the salesperson.

Divaris Real Estate announces the following transactions:

LoveEvolve LLC leased 1,150 square feet at 5007B Huguenot Road in Henrico. Ali McCricard and Brett McNamy represented the homeowner.

Token Rhyme leased 1,700 square feet at 6521-6801 Lake Harbor Drive in Chesterfield. Sarah Goodall and Madeleine Alderman represented the homeowner.

Just Picture It rented 3,750 square feet at 507 E. Southside Plaza in Richmond. Jimmy Cunnin and Loretta Cataldi represented the homeowner.

KCG Development acquired 12.27 acres of land at 6850 Atmore Drive in Richmond for $ 725,000 from FW Properties II. The buyer was represented by Cheryl Toy and Reed Good.

Roseneath Holdings acquired 0.398 acres at 1710 Mactavish Ave. in Richmond for $ 1,731,900 from Maggie May LLC. The buyer was represented by Cheryl Toy and Reed Good.

NMS Glen Allen Property acquired 1,177 acres of land at 10151 Brook Road in Henrico for $ 2.5 million from 10151 Brook Glen Allen LLC. Loretta Cataldi represented the salesperson.

Commonwealth Commercial Partners announces the following deal:

40 Wellness LLC dba Hand & Stone leased 590 square feet at 5300 Hickory Park Drive in Henrico. Eric Hammond and Michael Goode represented the homeowner.



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