Uncategorized | December 5, 2016

Henrico-based company sells Florida office tower

Posted on 12/1/2016 on Richmond.com Lingerfelt CommonWealth Partners LLC, a real estate investment management firm based in Henrico County, announced Wednesday that is has sold Riverplace Tower — an office tower in downtown Jacksonville, Fla. — for $53.4 million. It bought the 28-story building, at 1301 Riverplace Boulevard, for $29 million [...]

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In The News | News | November 30, 2016

Deal will preserve roughly 900-acre Malvern Hill Farm, site of Civil War battle

Posted on 9/27/2016 by Robert Zullo on Richmond.com A nonprofit land preservation group has entered into a nearly $6.6 million contract to purchase a roughly 900-acre, heavily forested farm property in Henrico and Charles City counties that includes a portion of the Malvern Hill battlefield, site of the final, bloody clash [...]

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News | November 21, 2016

President Trump and the Price of Timber

Posted on 11/9/2016 by Brooks Mendell on Forisk.com Once the election results were in, the emails started pinging at 3 a.m. with questions that can be summarized as, “How will a Trump presidency affect timber prices and the US forest products industry?” While the commentary in these messages include some gnashing of [...]

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News | November 7, 2016

US South Stumpage Market: YTD 2016 Results and Historic Trends

Posted on 10/20/2016 by Daniel Stuber on Forest2Market As we approach the end of the year, it’s a good time to analyze year-to-date (YTD) and historical stumpage market trends and prices throughout the US South. While winter seasonal pressure typically drives prices higher, I want to take note of the data before 4Q [...]

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News | October 27, 2016

U.S. Canadian Softwood Lumber Dispute: So What?

Posted on 10/26/2016 by Brooks Mendell and Amanda Lang on forisk.com This is the second in a series related to Forisk’s Q4 2016 forest industry analysis and timber price forecasts for the United States and Canada. In October 2015, the Softwood Lumber Agreement (SLA) between the United States and Canada expired. [...]

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In The News | News | October 24, 2016

Commonwealth Commercial Partners Awarded Property Management of 77,568-square-foot Tampa Office Building

Posted on 9/24/2016 on businesswire.com TAMPA, Fla.--(BUSINESS WIRE)--Commonwealth Commercial Partners (CCP) is pleased to announced that it has been awarded the asset and property management of Buschwood Park III, a 77,568-square-foot office building located at 3350 Buschwood Park Dr. in Tampa, Fla. Commonwealth Commercial Partners was engaged to provide comprehensive services [...]

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In The News | News | September 22, 2016

Preston Court Apartments Sell for $7.5 Million

Posted on 9/21/2016 on NBC29.com Press Release from Commonwealth Commercial: (Seller) Charlottesville, VA – September 21, 2016 – Commonwealth Commercial Partners, LLC is pleased to have facilitated the sale of Preston Court, a stately 35-unit apartment building located at 1600 Grady Avenue. It was originally constructed in 1928 and listed on [...]

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In The News | News | Press Releases | September 21, 2016

Historic Preston Court Apartments Sold For The First Time In Almost 100 Years

FOR IMMEDIATE RELEASE September 21, 2016 HISTORIC PRESTON COURT APARTMENTS ON GRADY AVENUE SOLD FOR THE FIRST TIME IN ALMOST 100 YEARS Charlottesville, VA - September 21, 2016 - Commonwealth Commercial Partners, LLC is pleased to have facilitated the sale of Preston Court, a stately 35‐unit apartment building located at 1600 Grady Avenue. [...]

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In The News | News | Uncategorized | August 31, 2016

Historic Malvern Hill Farm in Henrico hits market for $10.6 million

Posted by Gregory J. Gilligan on 8/29/2016 on Richmond Times Dispatch A 900-plus acre farm in eastern Henrico County — site of the final battle fought during the Seven Days Battles during the Civil War — is on the market for $10.623 million. Its sale would be the first time the ownership [...]

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In The News | News | August 29, 2016

Economy faces significant challenges, panelists say at Richmond event

Posted by John Reid Blackwell on 8/25/2016 on Richmond Times Dispatch The health of the U.S. economy falls somewhere between poor to pretty good, based on the views of four panelists who spoke Thursday at an economic forum in Richmond hosted by the Institute for Real Estate Management. On the panel were [...]

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