INSIGHTS
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New Shops and Growth Underway at King George County’s Largest Retail Power Center: King George Gateway
Oct 20, 2014
King George Gateway is King George County's largest retail power center anchored by a Wal-Mart Supercenter. Soon King George Gateway will be opening a new line of retail stores and shops in early 2015. They will be putting together plans on how they want these stores...
Buying a House vs Leasing CRE Space, The Same or Different
Oct 16, 2014
Just how different is the concept of buying a house vs. leasing commercial real estate space? Let's take a gander. Location, Location, Location Buying a House: When buying a house, factors to consider include location, school district, proximity to work, friends and...
Coldwell Banker Commercial Survey Finds Millennials are the Most Flexible Generation in Today’s Workforce
Oct 15, 2014
As more Millennials finish school and move into the workforce, commercial real estate is adapting to the different work styles and preferences of three different generations. A Coldwell Banker Commercial Affiliates survey released today delves into the differences and...
Fredericksburg, Virginia Ranks #2 in State for Employment, Working Age Population & Income Growth
Oct 15, 2014
The commonwealth of Virginia is known for it's abundance of Civil War Battlefields, beautiful landscape, great wine and density of government and military employment. The state is home to some of the largest military installations in the nation....and as a recent...
Coldwell Banker Commercial Elite Closes Sale of Wendy’s Absolute NNN Lease in Richmond, VA
Oct 1, 2014
Coldwell Banker Commercial Elite is pleased to announce the sale of a Wendy's absolute NNN leased property, in Richmond, Virginia for $2.2MM. The property is located at 6824 Hull Street Road. There were 19 years remaining on the lease at the time of the sale. Ben...
Join Us in Welcoming our Newest Team Member: Steve Schattgen
Sep 15, 2014
Please join Coldwell Banker Commercial Elite in welcoming our newest team member Steve Schattgen. Steve joins the team from local Coldwell Banker Commercial Carriage House Realty, Inc. and specializes in commercial real estate sales and leasing. Steve Schattgen brings...
Joe Pfahler closes CVS NNN Ground Lease Sale for $5.238MM
Sep 8, 2014
Joe Pfahler with Coldwell Banker Commercial Elite has closed on the sale of a CVS NNN Ground Lease for $5,238,000. CVS will be operated as a 24 hour Pharmacy on the 2.8 Acre site at the Cowan Crossings Development in Fredericksburg, Virginia for an initial term of 20...
Starbucks Coming to Route 17’s Newest Commercial Development-Stafford County
Sep 4, 2014
Magnolia Martin and Jonathan Gardner of Coldwell Banker Commercial Elite have been selected to handle the leasing efforts for a cluster of shops that are coming along U.S. 17. A drive-through Starbucks is expected to come to a 3-acre parcel off U.S. 17 in Stafford...
Brian Cunningham-Coldwell Banker Commercial Elite closes Investment Sale
Aug 26, 2014
Brian Cunningham with Coldwell Banker Commercial Elite recently closed on a property at Aquia Park (2785 Jeff Davis Highway, Suite 117 and 119). The 2,400 SF property is fully leased and was sold as an investment for $620,000. The property is currently leased to...
New Childcare Center Opening for Fredericksburg Area Families
Aug 13, 2014
(Fredericksburg, Virginia, August 13, 2014) – Heather Hagerman of Coldwell Banker Commercial recently closed the lease of 2301 Jefferson Davis Highway,a 4,640 SF Day Care Building to Children’s Village Daycare and Academy. The building is currently being renovated to...
Getting to Know Ben Keddie-Vice President of Coldwell Banker Commercial Elite
Aug 11, 2014
How Fredericksburg has changed during your time here?: I am lucky enough to have been born and raised here, so I have witnessed the impressive growth rate firsthand. During that time, corridors like State Route 3 have transformed from a one-traffic light road lined...
New Business opening in Downtown Fredericksburg: “The House of Milk & Honey”
Aug 4, 2014
Charlotte Rouse, with Coldwell Banker Commercial Elite recently closed a lease transaction at 807 William Street, Fredericksburg, VA 22401. The lessee is Azadeh Rahmani who plans to open a antique and vintage shop called "The House of Milk & Honey". The property...