4A — February 14 - 27, 2020 — M id A tlantic Real Estate Journal
www.marej.com
M id A tlantic R eal E state J ournal
Commercial real estate franchisor announces Baxter as new managing director Multiple development opportunities available with SVN/Motleys
W
ith our new manag- ing director Phil- lip Baxter at the
Short Pump Towne Center in Richmond. • 4030 Mercury Boulevard, Hampton, VA 23666 FOR SALE: A 19+ acre development site valued at 6.5 million in the heart of Hampton. • 4400 West Broad Street, Richmond, VA 23230 FOR LEASE: 5.75± AC of land - prime retail redevelop- ment opportunity. Available for lease (all or part) as a ground lease or build to suit. All utilities are on site. • 3310 Deepwater Terminal Road, Richmond, VA 23234 FOR LEASE: 200,000± s/f of warehouse space for lease with easy access to the Port of Richmond and I-95. • 1101 Carmia Way, Rich- mond, VA 23235 FOR SALE OR LEASE: A former Ruby Tuesday’s restau- rant, valued at $1.6 million, for sale or lease in Chesterfield County. • 10392 Washington High- way, Glen Allen, VA 23059 FOR LEASE: Wi gwam Crossing in Glen Allen (site of the Wigwam) pre-leasing multi-tenant and pad sites from 1,200-12,000 s/f. • King George and Freder- icksburg, VA FOR SALE: A portfolio of properties for sale or lease in King George, VA and Freder- icksburg, VA. And many other properties. continued from page 2A Lastly, there were two changes enacted with the modernization program. First, priority date is retained for investors who need to update a previously submitted pro- posal. Second, family mem- bers of visa recipients must now apply independently to remove conditions from their permanent residency status. Opinions on the changes have been varied. While some believe it will restore the program to its original intention by bringing economic growth to areas ex- periencing extreme unemploy- ment, others worry the changes will result in foreign investors seeking opportunities outside of the U.S. where the require- ments are less costly and more lenient. R e b e c c a M a k e l y , C P A i s m a n a g e r a t WithumSmith+Brown. New Rules & Proposed Legislation . . .
helm, SVN/ Motleys had a very suc- cessful year in 2019! We c u r r e n t l y have mo r e than 25 in- vestment or redevelopment opportunities available including: • 11736 West Broad Street, Henrico, VA 23233 FOR SALE: Parc Place at Short Pump retail center, an $18 million listing beside Phillip Baxter
Top: Parc Place, 11736 W. Broad Street, Richmond, VA Shown from left: 4400 W. Broad Street, Richmond, VA and 4030 Mercury Boulevard, Hampton, VA
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