{"id":1004139062,"date":"2016-03-11T05:41:46","date_gmt":"2016-03-11T13:41:46","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004139062"},"modified":"2022-12-07T16:07:27","modified_gmt":"2022-12-08T00:07:27","slug":"143-ksf-of-richmond-industrial-commands-11m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/143-ksf-of-richmond-industrial-commands-11m\/","title":{"rendered":"143 KSF of Richmond Industrial Commands $11M"},"content":{"rendered":"

By Bogdan Odagescu, Associate Editor<\/em><\/p>\n

\"800<\/a>

800 Villa Park Drive, Richmond, Virginia<\/p><\/div>\n

Richmond, Va.<\/strong>\u2014Cushman & Wakefield | Thalhimer\u2019s Capital Markets Group, alongside Newmark\u2019s Baltimore Capital Markets team, represented the seller in the disposition of 8000 Villa Park Drive in Henrico County, Va. The sale of the industrial property<\/a> was closed by Eric Robinson of Thalhmier and Cris Abramson, Nick Signor, and Brian Kruger of Newmark.<\/p>\n

An entity controlled by Fernau LeBlanc Investment Partners <\/a>sold the 143,000-square-foot industrial building to York, Pa.-based Stewart Cos. for $11 million. This transaction constitutes Stewart\u2019s second acquisition in the area after the 2012 purchase of the xTeriors plant in Doswell, Va., less than 30 minutes north of central Richmond.<\/p>\n

\u201cWe are interested in discovering additional acquisition opportunities in the region,\u201d Cameron Wick, director of business development for the Stewart Cos. in Virginia, said in a prepared statement.<\/p>\n

The 8000 Villa Park Drive property, which saw completion in 1989, is fully leased to direct mail marketing company Colortree Group. Sitting minutes away from Interstate 95 and with good connections to I-295 and I-64, the property can be reached from Richmond\u2019s city center in less than 15 minutes. Colortree will continue to use the building as headquarters under a long-term lease.<\/p>\n

Image courtesy of Cushman & Wakefield | Thalhimer\u2019s Capital Markets Group<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The 8000 Villa Park Drive industrial property, which changed hands for $11 million, is fully leased to direct mail marketing company Colortree Group.<\/p>\n","protected":false},"author":740,"featured_media":1004139067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21748,11,21742,36153],"tags":[],"class_list":["post-1004139062","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-industrial","category-midatlantic","category-latest","category-richmond-hampton-roads"],"acf":[],"yoast_head":"\n143 KSF of Richmond Industrial Commands $11M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/143-ksf-of-richmond-industrial-commands-11m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"143 KSF of Richmond Industrial Commands $11M\" \/>\n<meta property=\"og:description\" content=\"The 8000 Villa Park Drive industrial property, which changed hands for $11 million, is fully leased to direct mail marketing company Colortree Group.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/143-ksf-of-richmond-industrial-commands-11m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-03-11T13:41:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T00:07:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/03\/800-Cushman-and-Wakefield.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1396\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bogdan Odagescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/143-ksf-of-richmond-industrial-commands-11m\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/143-ksf-of-richmond-industrial-commands-11m\\\/\"},\"author\":{\"name\":\"Bogdan Odagescu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/b496539dc21c086e1deff9b417453162\"},\"headline\":\"143 KSF of Richmond Industrial Commands $11M\",\"datePublished\":\"2016-03-11T13:41:46+00:00\",\"dateModified\":\"2022-12-08T00:07:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/143-ksf-of-richmond-industrial-commands-11m\\\/\"},\"wordCount\":223,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/143-ksf-of-richmond-industrial-commands-11m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/03\\\/800-Cushman-and-Wakefield.jpg\",\"articleSection\":[\"Brokerage\",\"Deals\",\"Industrial\",\"Mid-Atlantic\",\"News\",\"Richmond\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/143-ksf-of-richmond-industrial-commands-11m\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/143-ksf-of-richmond-industrial-commands-11m\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/143-ksf-of-richmond-industrial-commands-11m\\\/\",\"name\":\"143 KSF of Richmond Industrial Commands $11M - 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He joined CPE and MHN in 2016, as associate editor. Bogdan coordinates news writing and editing work for the two publications, among others. 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