INSIGHTS
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Does Your Property Appeal to Millennials and the Tech Culture?
Time marches on, and the iconic Baby Boomer generation is stepping back to make room for the Millennials. This demographic is defined differently depending on who's talking, but let's go with the range set by the Pew Research Center and say that millennials are those...
Coldwell Banker Commercial Elite Brokers Sale of Meineke For $1.3MM
Teamwork was a key element in a recent transaction where Coldwell Banker Commercial Elite brokered the $1.3M sale of a 4,484 SF, Net Leased Retail building in Fredericksburg, Virginia. J.R. Burdette and Donny Self worked with colleague Ryo Cho, who are all agents with...
Coldwell Banker Commercial Elite Brokers Sale of QCC Retail Building for $3.55 Million
June-30-2015 - Donny Self with Coldwell Banker Commercial Elite recently brokered the sale of a Multi-Tenant Retail Building at 125 Corporate Drive, Stafford, Virginia 22554 for $3.55 Million. The 8,000 SF retail building, which was built in 2013, is located on the...
Coldwell Banker Commercial Elite brokers Deal to Bring Bojangles to Stafford
Joe Pfahler with Coldwell Banker Commercial Elite recently brokered a deal with Bojangles to open its first ever location in Stafford County. The restaurant plans to open a 3,800 SF restaurant at the Celebrate Virginia North Shopping Center off Route 17 in Stafford....
Retail and Industrial Vacancy Rates in the Fredericksburg Region Hit 7 Year Low
For the first quarter of 2015 the commercial real estate market in the Fredericksburg Region continued to show signs of recovery. Retail Vacancy Rates Hit Sub 5% Overall retail vacancy in the Region declined by slightly in the first quarter of 2015, but a milestone...
Fredericksburg & Spotsylvania National Park Visitors Contribute over $64 Million in Economic Impact
The National Park service recently released the 2014 economic impact reports which revealed that park visitors contributed over $1.3 Billion in economic impact in the Virginia economy. The total economic output was a $200 Million increase over last year (2013). The...
Historic & Iconic Property for Sale-Sammy T’s Seeking New Ownership
Sammy T's has been a staple of downtown Fredericksburg and a part of the community since 1981. The Emory family has had roots in Fredericksburg since 1960 and have been the long time owners and operators of the Sammy T’s restaurant in downtown Fredericksburg. The...
Coldwell Banker Commercial Elite Brokers $5.92M Sale of Retail Shopping Center
Fredericksburg-VA (03-23-2015) – Joe Pfahler with Coldwell Banker Commercial Elite recently brokered the sale of a 40,654 SF PetSmart anchored shopping center for $5.92 million. The property is located within the Carter’s Crossing Development at 27 South Gateway...
Coldwell Banker Commercial Elite Brokers the Sale of $2.85MM – NNN Leased Property
Winston-Salem, NC (02-19-2015) - Ben Keddie and Heather Hagerman of Coldwell Banker Commercial Elite recently brokered the $2.8M sale of a 4,496 SF, Net Leased Retail building in Winston-Salem, North Carolina. Keddie and Hagerman worked with their Winston-Salem local...
ICSC Mid-Atlantic Conference Displays Optimistic Outlook for the Retail Market in 2015
Fredericksburg, VA (02-26-15) – As the first major commercial real estate conference of the year, the ICSC Mid-Atlantic Conference provides an initial outlook on the retail market for the New Year. The conference was held at the Gaylord National Resort in National...
Former Free Lance Star Property Sold for Mixed-Use Project
Fredericksburg, Virginia, February 20, 2015) – Heather Hagerman of Coldwell Banker Commercial and Coldwell Banker Elite represented Thomas Wack of the Wack Companies in the purchase of The Executive Building at 607 William Street. The property will become a mixed-use...
Steve Schattgen assists Breeze-Eastern Corp. find a Location in Fredericksburg
Steve Schattgen, with Coldwell Banker Commercial Elite, recently assisted Breeze-Eastern Corp., with site selection and lease negotiation for a new 6,300 SF location in Fredericksburg, Virginia. See article by the Free Lance Star for information on Breeze-Eastern's...