The Pipeline: Commercial real estate roundup for 9.2.22


The Pipeline: Commercial real estate roundup for 9.2.22

1. West 300 North Associates purchased 430 units at 2517 W. Tremont Court in Richmond for $76.5 million from Stratford Bethany LLC. Garrison Gore, Charles Wentworth, G.S. (Hank) Hankins and Victoria Pickett with Colliers represented the seller.

2. Magellan Investors sold 53,009 square feet at 8570 Magellan Parkway in Henrico for $8.8 million to Windsor II Investment Co. Cushman & Wakefield | Thalhimer’s Bo McKown and Eric Robison represented the seller and Gregg Beck represented the buyer.

3. Big E Ranch LLC, Big E. Ranch II LLC and Big E. Ranch III LLC purchased 547 acres at 11301 Trents Bridge Road and 16700 and 16990 Exter Mill Road in Chesterfield for $3.8 million from Heart of Virginia Council. Colton Konvicka and Chris Jenkins with Commonwealth Commercial Partners represented the buyer.


1. Planet Fitness leased 17,476 square feet at 3000-3096 Stony Point Road in Richmond. Cushman & Wakefield | Thalhimer’s Nicki Jassy represented the tenant and James Ashby IV represented the landlord.

2. Sprezza LLC leased 7,800 square feet at 111 Virginia St. in Richmond. Reilly Marchant with Cushman & Wakefield | Thalhimer represented the landlord.

3. New Beginnings Learning Center leased 3,360 square feet at 1117 W. Nine Mile Road in Henrico. Danielle Beckstoffer with Cushman & Wakefield | Thalhimer represented the landlord.

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Cushman & Wakefield | Thalhimer reports the following deals:

Virginia Community Capital purchased the 2,000 square feet at 1266 Alverser Drive in Chesterfield for $450,000 from Nandini Investments. Danielle Beckstoffer represented the seller.

WWEX Franchise Holdings leased 3,063 square feet at 3122 W. Marshall St. in Henrico. Amy J. Broderick and Kate Hosko represented the landlord.

Tim Reid Productions leased 2,666 square feet at 8205 Hermitage Road in Henrico. Gregg Beck represented the landlord.

Smoke Friendly leased 2,400 square feet at 44-100 Southpark Blvd. in Colonial Heights. Alicia Brown and Pete Waldbauer represented the landlord.

1st Class Real Estate RVA leased 1,472 square feet at 10800 Midlothian Turnpike in Chesterfield. Amy J. Broderick and Evan Magrill represented the landlord.

Revival Explosion Ministries Corp. expanded by an additional 926 square feet at 2201-2221 E. Parham Road in Henrico. Amy J. Broderick represented the landlord.

Have Site Will Travel reports the following deal:

Craneworks Inc. purchased 5 acres on Bermuda Hundred Road between North Enon Church Road and Allied Road in Chesterfield for $275,000 from Trustees of the Keck Trust. John Jay Schwartz represented the buyer.

SugarOak Realty reports the following deals:

Pure Essence Medical Spa leased 1,285 square feet at 3411 Cox Road in Henrico. Andy Walsh represented the landlord.

Mattress Direct of Richmond leased 1,370 square feet at 11232 Patterson Ave. in Henrico. Andy Walsh represented the tenant.

Judges and Lawyers Assistance Program of VA leased 1,610 square feet at 4801 Cox Road in Henrico. Andy Walsh represented the tenant.

Colliers reports the following deals:

Light Wave Dental Management expanded 2,720 square feet at 3400 Hayden Park Lane in Henrico. Malcolm Randolph and Megan Revercomb represented the landlord.

Homeward leased 2,490 square feet at 9211 Forest Hill Ave. in Henrico. David Wilkins, Joe Marchetti and Rebecca Barricklow represented the landlord.

Frank Ventures leased 2,093 square feet at 12020 W. Broad St. in Henrico. Rebecca Barricklow represented the tenant.

Commonwealth Commercial Partners reports the following deal:

2227 Station Road LLC purchased 9,800 square feet at 2227 Station Road in Chesterfield for $2.8 million from James River Real Estate Co. Ben Bruni represented the buyer.

The Pipeline: Commercial real estate roundup for 9.2.22