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Coldwell Banker Commercial Elite Leases Former Crave Space to Paisano’s Pizza
Apr 22, 2016
Fredericksburg, VA (04-21-2016) – Joe Pfahler with Coldwell Banker Commercial Elite recently executed a lease transaction for the former Crave Frozen Yogurt space in Central Park. Paisano’s Pizza signed a lease for the 3,000 SF space located at 1500 Central Park...
Coldwell Banker Commercial Elite Named #1 Affiliate in VA for 3rd Straight Year
Apr 1, 2016
Fredericksburg, VA (April 1, 2016) – Coldwell Banker Commercial Elite has been named the #1 Affiliate Office in the state of Virginia for Coldwell Banker Commercial. This represents the third straight year that Coldwell Banker Commercial Elite has won this...
Former 7-Eleven Purchased for New Urgent Care Center in Stafford, Virginia
Feb 19, 2016
A former 7-Eleven located at 882 Garrisonville Road, Stafford, Virginia was recently sold for $550,000. The 2,520 SF building was sold to Dr. Edward Kabiri who has plans of opening an urgent care center, Optimum Care Medical. Dr. Kabiri will be relocating Optimum Care...
Coldwell Banker Commercial Elite Brokers Sale of Net Leased Retail Center for $1.6MM
Feb 1, 2016
Brian Cunningham with Coldwell Banker Commercial Elite recently closed on the sale of a 10,200 SF, Net Leased strip center in Spotsylvania County, Virginia for $1.6 Million. The property, Center Six, is located at 4401-4411 Plank Road, Fredericksburg, Virginia 22407....
Coldwell Banker Commercial Elite Brokers The Sale of Net Leased Office Condo for $880,000
Jan 31, 2016
Ben Keddie with Coldwell Banker Commercial Elite recently closed on the sale of the 3,085 SF, NNN Leased retail/office condominium in Spotsylvania County, Virginia for full price at $880,253. The property, located at 4500 Plank Road (Suite 1010), Fredericksburg,...
Coldwell Banker Commercial Elite Brokers Sale of $3.8M Multifamily Site
Jan 26, 2016
The apartment community, which was approved by City Council last July, will feature a clubhouse with state of the art amenities including resort style pool, fitness center, and outdoor grilling area. The community will consist of 1, 2, and 3 bedroom apartments with...
Coldwell Banker Commercial Elite Closes Sale of Industrial Building in Stafford for $1.3M
Jan 18, 2016
Heather Hagerman and Charlotte Rouse of Coldwell Banker Commercial Elite have negotiated the sale of 1140 International Parkway, an industrial site that previously housed to a sales management company. Heather Hagerman represented the Seller, Lager LLC. The Buyer,...
5 CRE Trends That Will Stick Around in 2016
Dec 14, 2015
The last few years have been good to commercial real estate, and steady upward trends in several areas are expected to continue for 2016. Here are 5 conditions that we expect to see more of in the coming year. #1: Appetite for Risk Secondary markets in particular have...
Jersey Mike’s Subs to Open Store at Cowan Crossings in Fredericksburg
Dec 4, 2015
Jonathan Gardner with Coldwell Banker Commercial Elite recently closed on a lease to Jersey Mike's Subs at Cowan Crossings in Fredericksburg, Virginia. Jersey Mike's Subs leased the last remaining 1,800 SF space in the new Multi-Tenant Building at the center. Jersey...
10 Reasons to Invest In U.S. Commercial Real Estate
Dec 3, 2015
Global real estate investment is becoming more and more prominent on the commercial real estate radar, with a number of factors contributing to growth. The U.S. market is attractive to foreign investors for many reasons, despite obstacles posed in some cases by...
Coldwell Banker Commercial Elite Brokers The Sale of The Free Lance-Star’s HQ for $5.57M
Nov 24, 2015
Ben Keddie and Heather Hagerman with Coldwell Banker Commercial Elite recently closed on the sale of The Free Lance-Star’s HQ in Fredericksburg, Virginia. The 90,000 SF building at 616 and 620 Amelia Street and its parking lot at 700 and 710 William Street which total...
Retail Vacancy in the Fredericksburg Region Hits Pre-Recession Lows
Nov 12, 2015
Key Performance Indicators Reveal Retail Market Strength The Fredericksburg Region’s Retail market enjoyed another solid quarter in Q3 2015. Key performance indicators in the commercial real estate market revealed that the region’s retail market continues to improve...