INSIGHTS
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Donny Self brokers deal with El Patron Mexican Restaurant
Article By: Bill Freehling, Free Lance Star A new Mexican restaurant is scheduled to open within the next few months in Spotsylvania County’s Cosner’s Corner shopping area. El Patron Mexican Restaurant, which will be operated by Royelio Sosa-Hernandez and Lucy...
Brian Cunningham Joins Coldwell Banker Commercial Elite
Please join us in Welcoming Brian Cunningham to the Coldwell Banker Commercial Elite Team. The former president and principal broker of a local commercial real estate firm has joined the team at Coldwell Banker Commercial Elite. Brian Cunningham will work in...
Sheetz NNN Ground Leased Property Sold by Coldwell Banker Commercial Elite
By: Bill Freehling: Free Lance Star A Northern Virginia investor recently bought the 1.74-acre parcel that Sheetz leased for a gas station and store at the southeast corner of U.S. 17 and Hospital Boulevard near the Spotsylvania Regional Medical Center. Lee Hill LLC,...
Over 34,000 SF Leased by Coldwell Banker Commercial Elite in October
Here is a list of businesses that signed leases for new spaces in the Fredericksburg area in October 2013 along with the address, square footage and commercial real estate broker and firm that worked on the deal. Best Motors Inc.: 6,000 square feet at 2103 Jefferson...
Coldwell Banker Commercial Elite represents Umi in finding Second Location
By: Bill Freehling, Free Lance Star The owners of a popular sushi-focused Japanese restaurant in Fredericksburg will open a second area location in North Stafford. Umi Japanese Fine Dining will open a restaurant at 20 Dunn Drive inside a 5,500-square-foot building...
Be patient while looking for deals with best mortgage rates
Mortgaging is kind of like a collectivized loan that can affect you and your family for a long time if it is not worked out properly. People generally fall for deceptive advertisements boasting about best mortgage rates, so you need to be cautious. Many people who...
7 real estate investing lessons we can learn from Steve Jobs
As some of you know, I'm in the process of writing a book. I'm still in the planning stages and haven't even thought about things like book layout design so it's going to be a while before it's ready. Because I'm still finalizing what's going to be in the book, I've...
Coldwell Banker Commercail Elite Investment Property sales fetch over $10 Million
Two separate commercial real estate transactions totaling about $10.5 million closed earlier this month in the Fredericksburg area. The fully leased 16,200-square-foot property in Spotsylvania County’s Cosner’s Corner shopping center that includes a Sweet Frog and...
Optimism Over Commercial Real Estate Market Recovery
The outlook for commercial real estate markets among industry leaders is modestly optimistic as economic fundamentals show slow yet steady improvement. At the same time, public policy uncertainties in Washington and concerns over a potential rise in interest rates...
Coldwell Banker Commercial Elite represents Silver Companies in $40 Million Building Sale
Silver Companies has sold a Class A office building in the Quantico Corporate Center to JMC Holdings LLC for $40 million. The 135,732-square-foot building at 800 Corporate Dr. is the first office property in Virginia to be acquired by JMC, a private entrepreneurial...
First Citizens Bank Closes on Land for City Branch
First Citizens Bank this week purchased the land where it will build a new branch near the southwest corner of U.S. 1 and Cowan Boulevard in Fredericksburg. The bank paid $1.6 million for the 1.68-acre pad site in the Silver Cos.’ Cowan Crossings development. The land...
Office Demand Still Catching Up With Job, Business Growth
The slow but steady progress in the recovery of the economy continued to present somewhat of a conundrum for the office market in the first quarter. On the one hand, despite moving in fits and starts, the recovery has helped stablize the office market and support...