COMMERCIAL NOTES


Compiled by Linda Dunham
Sunday, April 30, 2006

Sales transactions

CB Richard
Ellis reports the sale of a 29,890-square-foot office building at
5020 Sadler Place in Glen Allen for $3.88 million to ASI Partners
Sadler Place from IP LC.

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Carlton Jones and Walton Makepeace represented the buyer.

New leases

Advantis Real Estate Services Co. reports the following leases:

  • 13,500 square feet at 4263-4299 Carolina Avenue to Snyder Home Services Bathfitters.
  • 11,580 square feet at 707 E. Main St. to Performance Fibers.
  • 9,600 square feet at 5719 S. Laburnum Avenue to the Virginia Employment Commission.
  • 7,500 square feet at 140 Virginia St. to Roseline Financial Group.
  • 6,821 square feet at 5719 S. Laburnum Avenue to Fastenal.

    . . .

    CB Richard Ellis reports the lease of 12,418 square feet at 901 E.
    Byrd St., Riverfront Plaza, West Tower, to Deloitte & Touche.

    Contracts

    CB Richard Ellis has been selected by American Financial Realty
    Trust to lease One Colonial Place at 10571 Telegraph Road in Glen Allen.

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    This story can be found at the RTD.