Richmond area sees $5.57M land sale and multiple commercial leases
Recent commercial real estate transactions include a $5.57 million land purchase in Richmond and several leases in Henrico and Richmond.
Richmond and surrounding Henrico County have experienced notable commercial real estate activity this week, according to Richmond BizSense. In Richmond, Roclynd EB4 LLC acquired four acres at 2900 and 2858 Cofer Road for $5.57 million, with the seller represented by Commonwealth's Ben Bruni and Ryan Fanelli.
In Henrico, CoreOne Industrial purchased over 221,000 square feet of industrial property at 7400 Impala Drive and 3007 Vernon Road for $12.9 million. The seller was represented by Bo McKown of Cushman & Wakefield | Thalhimer’s Capital Markets Group.
Leasing activity includes Crunch Fitness leasing nearly 30,000 square feet at 3808 Mechanicsville Turnpike in Henrico, and Sheltering Arms leasing over 24,800 square feet at 1420 N. Parham Road, also in Henrico. Both landlords were represented by Cushman & Wakefield | Thalhimer agents.
Other Richmond leases include Crown & Co Investments at 400 Hull Street and Saadi Premium Foods at 3424 W. Cary Street. These transactions highlight ongoing commercial growth in the Richmond metropolitan area, with representation by various local brokerage firms.
These deals reflect continued investment and leasing interest in Richmond and its neighboring counties, signaling a robust commercial real estate market.
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