CASE STUDY: OFFICE/MEDICAL BUILDING

LANDLORD REPRESENTATION

 

2819 N. PARHAM ROAD | RICHMOND, VA 23294

The Opportunity

Commonwealth Commercial Partners was hired to market and lease the 35,860± sf office/medical building located at 2819 N. Parham Road, Henrico, VA, directly across from John R. Tucker High School.

Challenges
  • 45% occupancy upon hiring services of Commonwealth Commercial
  • Outdated, vacant interior office/medical suites
  • Inefficient layout of the vacant 50% of the second floor

 

The Strategy and Results
  • 12 leases completed over 3 years
  • 45% occupancy to 82% leased
  • Commonwealth Commercial has successfully advised in the improving of the building common areas and the successful matching of new tenant uses in the greater building tenant mix

ERIC HAMMOND
804-241-5304
ehammond@former.commonwealthcommercial.com

MICHAEL GOOD
804-250-6166
mgood@former.commonwealthcommercial.com