A curated view of market activity and development across Central Virginia.
Stay current on local, regional, and national market insights and real estate listings.
Strategic Acquisition & Creative Leasing Execution The Opportunity A national tenant approached our brokerage team seeking a new store location within a targeted metropolitan corridor. After evaluating available inventory, we identified a well-located building that met the tenant’s visibility, access, and demographic requirements. However, the property was part of a two-building configuration connected by a…
Adaptive Reuse: From Vacant Feed Store to National Franchise Tenant The Opportunity An underutilized, vacant farm cooperative store in Staunton, Virginia sat dormant despite strong underlying real estate fundamentals. The structure was sound, but its former use limited demand and perceived value. Simultaneously, our brokerage team identified Dave’s Hot Chicken seeking expansion into the Western…
Portfolio Optimization Through 721 UPREIT Strategy The Opportunity Ownership held seven stabilized commercial properties leased to high-credit national tenants with strong operating performance and predictable cash flow. While the assets were performing well, they represented concentrated geographic and asset-type exposure and carried ongoing management obligations. The Strategy After evaluating hold versus disposition scenarios, our team…
