The Opportunity
Commonwealth Commercial Partners was hired to market and lease the 35,860± sf office/medical building located at 2819 N. Parham Road, Henrico, VA, directly across from John R. Tucker High School.
Challenges
- 45% occupancy upon hiring services of Commonwealth Commercial
- Outdated, vacant interior office/medical suites
- Inefficient layout of the vacant 50% of the second floor
The Strategy & Results
- 12 leases completed over 3 years
- 45% occupancy to 82% leased
- Commonwealth Commercial has successfully advised in the improving of the building common areas and the successful matching of new tenant uses in the greater building tenant mix
