http://www.thalhimer.com Press releases, news and blog (appears on homepage) en helpdesk@thalhimer.com Copyright 2012 2012-05-16 http://www.thalhimer.com/site/stafford_avenue_office_building_sells/ http://www.thalhimer.com/site/stafford_avenue_office_building_sells/#When:19:18:42Z Cushman & Wakefield | Thalhimer is pleased to announce the sale of 1616 Stafford Avenue in Fredericksburg, Virginia. Carter Waller, DDS purchased the approx. 2,400 sq. ft. office building from Carter Embrey for $350,000.  The building is to be initially held as an investment and later converted to Dr. Waller’s dental practice. Christian G. Waller of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the buyer. 2012-05-16 http://www.thalhimer.com/site/stratford_university_and_waters_edge_church_open_new_campuses/ http://www.thalhimer.com/site/stratford_university_and_waters_edge_church_open_new_campuses/#When:18:25:53Z Cushman & Wakefield | Thalhimer is pleased to announce that the former Value City Department Store at the Newport Square Plaza, located at 836 J. Clyde Morris Blvd in Newport News was sold and will be redeveloped as a multi-million dollar mixed-use project containing Stratford University’s newest campus and the third location for Waters Edge Church.  Newport Square Partners, LP ground-leased to Campus Realty Investors, LC the 91,000 square foot building, of which Stratford University has leased 63,020 square feet and Waters Edge Church has leased the remaining 27,562 square feet.  Stratford University will open May 21st and will offer four schools: culinary, business, healthcare and information technology.  This campus is the fifth of a Stratford University nationwide campus development program.  Waters Edge will open its doors for church services this fall. TGM Realty Investors, Inc. is the property developer.  Dawn F. Griggs, SIOR and Teresa E. Nettles of Thalhimer’s Newport News office handled the lease negotiations. 2012-05-16 http://www.thalhimer.com/site/oreilly_auto_parts_to_build_new_store_in_peninsula_area/ http://www.thalhimer.com/site/oreilly_auto_parts_to_build_new_store_in_peninsula_area/#When:20:20:14Z Cushman & Wakefield | Thalhimer is pleased to announce the sale of a 1.0 acre pad site situated at 834 Merrimac Trail in York County, Virginia. O’Reilly Automotive Stores, Inc. purchased the site from Wawa, Inc. for $450,000 and will construct a new O’Reilly Auto Parts store at this location. Drew Haynie and Pete Waldbauer of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the seller. 2012-05-10 http://www.thalhimer.com/site/former_estate_specialists_building_sells/ http://www.thalhimer.com/site/former_estate_specialists_building_sells/#When:20:06:56Z Cushman & Wakefield | Thalhimer is pleased to announce the sale of 1300 Main Street, the former Estate Specialists Building, in Lynchburg, Virginia. 1300 Main, LLC purchased the 17,700 square foot retail building from Estate Specialists, Inc. for $395,000.  The purchaser will convert the top two floors into loft apartments and the main level will be converted into two street level retail suites. George Lupton, CCIM and Norman Moon, CCIM, SIOR of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the seller. 2012-05-10 http://www.thalhimer.com/site/management_assignment_awarded_for_10_east_franklin_building/ http://www.thalhimer.com/site/management_assignment_awarded_for_10_east_franklin_building/#When:15:39:18Z Cushman & Wakefield | Thalhimer is pleased to have been selected by MJM Enterprises, LLC for the property management of 10 East Franklin Street, a 31,000 square foot office building located in Richmond, Virginia. The leasing agents for this property are Suzanne White and Ashley A. Jones; the portfolio manager for this property is Bill Sapon, ACoM of Cushman & Wakefield | Thalhimer.   Cushman & Wakefield | Thalhimer manages over 17,500,000 square feet of commercial real estate properties in Virginia, North Carolina, and South Carolina and over 4,500 multifamily units. 2012-05-09 http://www.thalhimer.com/site/turning_basin_leased_and_managed_by_thalhimer/ http://www.thalhimer.com/site/turning_basin_leased_and_managed_by_thalhimer/#When:20:03:13Z Cushman & Wakefield | Thalhimer is pleased to have been selected by JPMCC 2006-LDP9 Office 100, LLC for the leasing and property management of the Turning Basin Building, a 90,763 square foot office/retail building located in Richmond, Virginia. The leasing agents for this property are Mac Wilson and N. Dean Meyer, CCIM, SIOR; the portfolio manager for this property is Sean Davis, ACoM of Cushman & Wakefield | Thalhimer.   Cushman & Wakefield | Thalhimer manages over 17,500,000 square feet of commercial real estate properties in Virginia, North Carolina, and South Carolina and over 4,500 multifamily units. 2012-05-08 http://www.thalhimer.com/site/chesapeake_controls_purchases_facility_for_headquarters_location/ http://www.thalhimer.com/site/chesapeake_controls_purchases_facility_for_headquarters_location/#When:15:44:21Z Cushman & Wakefield | Thalhimer is pleased to announce the sale of 3819 Holland Blvd. in Chesapeake, Virginia. Chesapeake Controls Inc. purchased the approx. 10,000 sq. ft. office/flex building situated on approximately 3.23 acres from Cavalier Properties for $965,000 as the new location of their corporate headquarters. Patrick Mumey, SIOR of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the buyer.  2012-05-03 http://www.thalhimer.com/site/stafford_acreage_sells/ http://www.thalhimer.com/site/stafford_acreage_sells/#When:16:47:19Z Cushman & Wakefield | Thalhimer is pleased to announce the sale of approximately 3.8 acres situated at 450 Garrisonville Road in Stafford County, Virginia. Garrisonville Holdings, LLC purchased the land from Herbert Amen for $500,000 as an investment for future development. Jamie A. Scully, CCIM and Berkley M. Mitchell of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the buyer. 2012-04-30 http://www.thalhimer.com/site/commonwealth_door_hardware_property_sells/ http://www.thalhimer.com/site/commonwealth_door_hardware_property_sells/#When:20:21:16Z Cushman & Wakefield | Thalhimer is pleased to announce the sale of the former Commonwealth Door & Hardware property located at 1125 Intervale Drive in Salem, Virginia. Cardinal Valley Industrial Supply, Inc. purchased the approx. 22,000 sq. ft. office/warehouse property situated on approximately 2 acres from James River Associates LLC for $775,000 and will utilize the property for its office and distribution facility. Bob Copty of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the seller. 2012-04-26 http://www.thalhimer.com/site/kazs_automotive_property_sells/ http://www.thalhimer.com/site/kazs_automotive_property_sells/#When:19:51:54Z Cushman & Wakefield | Thalhimer is pleased to announce the sale of 700 Garrisonville Road in Stafford County, Virginia. Automotive Management Services, LLC purchased the approx. 7,791 sq. ft. Kaz’s Automotive property situated on 1.38 acres of land from Rickards Real Estate Group, LLC for $1,690,000.  Kaz’s Automotive will continue operating at this location. Wilson H. Greenlaw, CCIM of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the seller. 2012-04-26