In The News | News | April 27, 2016

Millennial impact on real estate

Posted by Paula C. Squires on Richmond Business on 4/27/2016 By the year 2025, America will primarily be a cashless society that has shifted to rental housing. The government will levy taxes and fines on buildings not classified as “green,” and Amazon will control 15 to 20 percent of grocery sales through an [...]

Read More

In The News | News | March 2, 2016

What will happen with all these empty Wal-Marts?

Posted by Triangle Business Journal on 3/1/2016 In the month since Wal-Mart shuttered 16 of its stores across North Carolina, including a Supercenter store in south Durham, a marketing effort has begun to find new buyers for the empty buildings. Wal-Mart has hired Commonwealth Commercial Partners Inc. of Glen Allen, Virginia, to list [...]

Read More

In The News | News | Press Releases |

Commonwealth Commercial Evaluates Rural Land Market’s Upward Trend

FOR IMMEDIATE RELEASE February 26, 2016 Commonwealth Commercial Evaluates Rural Land Market’s Upward Trend Over 30 rural Virginia counties report nearly 200 land transactions in 2015   Richmond, Va. – Feb. 26, 2016 – The large-acreage rural real estate market in Central Virginia is heading toward pre-recession values in terms [...]

Read More

In The News | Press Releases | December 10, 2015

Commonwealth Commercial Awarded Prestigious Accredited Management Organization (AMO®) Designation

Commonwealth Commercial has earned the Accredited Management Organization (AMO®) designation from the Institute of Real Estate Management (IREM®), an affiliate of the National Association of REALTORS®. Currently there are only 535 management companies in the United States and Canada that have achieved the AMO® designation. The AMO® accreditation is the [...]

Read More

In The News | News | November 19, 2015

Greater Richmond Chamber moving to SunTrust Center

Posted by Gregory J. Gilligan on Richmond Times-Dispatch on 11/18/2015 The Greater Richmond Chamber is moving to new digs. The business group announced Wednesday that it had signed a lease to take over much of the 17th floor of the SunTrust Center at 919 E. Main St. downtown. Its board approved the [...]

Read More

In The News | News | October 27, 2015

Commonwealth Commercial emerges as property market surges

Posted by Nate Delesline III on Inside Business on 10/16/2015 Lingerfelt Commonwealth Partners recently purchased a 22-building portfolio of office space comprising 1.3 million square feet in Virginia Beach, Hampton and Chesapeake. In a recent announcement, the company said the acquisition brings Lingerfelt's holdings to 5.5 million square feet across the southeastern [...]

Read More

In The News | News |

$10 million dollar renovation at Richmond Marriott Short Pump is complete

Posted by Virginia Business on 10/13/2015 The Richmond Marriott Short Pump in Henrico County has a new look. Following a $10 million renovation, the hotel, located within the Innsbrook Corporate Center, held a grand reopening last week. Lingerfelt CommonWealth Partners, a commercial real estate company located a block away in Innsbrook, [...]

Read More

In The News | News | Press Releases |

New Name for a Hotel Near Short Pump, Virginia Accompanies Its New Look

Posted by Digital Journal on 9/24/2015 SHORT PUMP, VA--(Marketwired - Sep 10, 2015) - A major change has been completed at the former Richmond Marriott West. The new-look Short Pump hotel has embraced the latest in Marriott's Brand Standards, joining premier Marriott properties nationwide. New renovations are extensive. The newly added [...]

Read More

In The News | News |

One More Time: Lingerfelt, Liberty Property Trust Close On $100+ Million Transaction in Virginia

Posted by Bryce Meyers on 6/24/2015 on Costar Years after coming together on a $100 million transaction in Richmond, Lingerfelt CommonWealth Partners and former parent company Liberty Property Trust have again struck a $100 million deal in the State of Virginia, with Liberty this time exiting the Hampton Roads office market with the sale [...]

Read More

In The News | News |

Hardywood deal marks big win for office park

Posted by Jonathan Spires on 7/21/2015 on RichmondBizSense.com Monday’s announcement that Hardywood Park Craft Brewery will build a new facility in Goochland County was not only welcome news for the local craft beer market, but also for West Creek Business Park. The 3,500-acre park has notched new developments at its northern connection [...]

Read More