INSIGHTS

Explore Recent News & Insights From Industry Experts

Coldwell Banker Commercial Elite Announces $1 Million Sale of 11920 Kennedy Lane

FREDERICKSBURG, VA — November 3, 2026 — Coldwell Banker Commercial Elite is pleased to announce the successful sale of 11920 Kennedy Lane in Fredericksburg, Virginia. The 1.45-acre property sold for $1,000,000, with settlement completed on October 30, 2026.

Ben Keddie, CCIM, SIOR, of Coldwell Banker Commercial Elite represented the Seller, Roswalt Holdings, LLC, in the transaction.

The Buyer, Mama’s Cubs Fredericksburg RE, LLC, is a franchisee of Primrose Schools, a nationally recognized early education and childcare provider with locations across the country. The acquisition represents an opportunity to support the continued growth of early childhood education and childcare services in the Fredericksburg area.

The transaction also represents another successful closing between Roswalt Holdings, LLC and Keddie, who has represented the company in multiple commercial real estate transactions.

Roswalt Holdings, LLC provided the following testimonial regarding its experience working with Keddie and Coldwell Banker Commercial Elite:

“We have worked with Ben Keddie on several real estate transactions and have consistently been impressed with his professionalism, knowledge, and analytical approach. Ben is an excellent communicator who keeps us informed throughout the process and provides thoughtful, well-informed guidance every step of the way.

His team does an outstanding job of keeping transactions organized and running smoothly. During our most recent transaction, which involved an extended feasibility period, Ben and his team remained engaged, proactive, and attentive to every detail. They stayed on top of the deal from start to finish, ensuring that the transaction continued moving toward a successful closing.

We value our relationship with Ben and appreciate the expertise, responsiveness, and dedication he brings to every transaction. We would confidently recommend Ben Keddie and Coldwell Banker Commercial Elite to anyone seeking knowledgeable and reliable commercial real estate representation.”

— Roswalt Holdings, LLC

The sale reflects continued commercial investment activity throughout the Fredericksburg region and highlights the importance of experienced representation throughout complex transactions involving extended feasibility periods and development-oriented acquisitions.

Coldwell Banker Commercial Elite continues to provide brokerage and advisory services to commercial real estate owners, investors, developers, buyers, sellers, landlords, and tenants throughout Virginia.

About Coldwell Banker Commercial Elite

Coldwell Banker Commercial Elite provides comprehensive commercial real estate brokerage and advisory services throughout Virginia. The firm specializes in office, industrial, retail, land, investment, medical, and development properties, delivering local market knowledge and professional representation to commercial real estate clients.

Media and Transaction Inquiries:
Ben Keddie, CCIM, SIOR
Coldwell Banker Commercial Elite
bkeddie@coldwellbankerelite.com
540-786-1402

You May Also Like…