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Former 7-Eleven Purchased for New Urgent Care Center in Stafford, Virginia
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
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
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
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
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
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
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
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
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
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...
Critical Property Management Tips: Signing a New Tenant
A landlord has to do a lot of work in order to get a property into the condition where tenants can legally stay. From checking smoke alarms to getting Gas Safety Inspections durham to getting it all approved in order for you to get the "go ahead" -- it takes a lot of...
Donny Self Earns CCIM Designation
Donny Self with Coldwell Banker Commercial Elite recently earned his CCIM (Certified Commercial Investment Member) designation. A CCIM is a recognized expert in the commercial and investment real estate industry. The designation is earned after successfully...