June 14, 2024


Home is a place where we can be happy

Commercial real estate highlights: 11-building office park in western Henrico sells for $87 million | Business News

Cushman & Wakefield | Thalhimer reports the following sales:

  • Jack Sitt Realty from New York and
  • Gulf Islamic Investments from Dubai acquired 11 buildings in the Glen Forest Office Park, an 85-acre campus between Glenside Drive, Forest Avenue and Interstate 64, from an affiliate of Brookfield Asset Management Inc. for $87 million. Eric Robison, Bo McKown, Bill Collins and Eric Berkman represented the seller in the transaction.
  • Green Clean Express Auto Wash bought 1 acre of land at 9486 W. Broad St. in Henrico from 2M2U Development LLC for $1.5 million. Alex T. Wotring represented the purchaser.
  • Commonwealth Commercial Partners reports the following sales:

    • Marwaha Sarup Singh LLC purchased 38,000 square feet at 2500 and 2505 Pocoshock Place in Chesterfield from Sanadeema LLC for $2.4 million. Tucker Dowdy represented the seller.
    • RCS Properties purchased 42,213 square feet at 7545 Midlothian Turnpike in Chesterfield from MW05 Richmond VA LLC for $4 million. Ben Bruni and Carl Blackwell represented the purchaser.
    • Virginia Electric and Power Co. purchased 11.8 acres at 212 Dry Bridge Road in Chesterfield from Watkins Land LLC for $530,000. Bill Barnett, Joe Buhrman and Chris Jenkins represented the seller.