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Commercial Leasing Efforts Underway at the Rosedale Development Project on Graves Mill Road in Lynchburg

LYNCHBURG, VIRGINIA: Several months ago, crews began clearing and grading the more than 60-acre site known as “Rosedale” along Graves Mill Road in the City of Lynchburg.  

Today, the developer, Thomas Builders of Virginia, announced that it commenced public marketing and leasing efforts to fill the available commercial space at the property.

According to Cushman & Wakefield | Thalhimer, who has been selected by Thomas Builders of Virginia as the exclusive leasing representative for Rosedale, this planned development will be one of the largest of its kind within the Lynchburg market with a proposed grocery anchor, 720 residential units, four outparcels along Graves Mill Road, and over 70,000 square feet of additional, leasable commercial space.  

Leasing agents, Wyatt Poats and Clay Taylor, commented that the master plan was approved by the City of Lynchburg with plenty of flexibility to accommodate as many potential businesses and commercial uses as possible. The development will also feature a new, signalized intersection along Graves Mill Road.  Phase I of the residential portion of the project is projected for delivery by Spring 2023 with over 200 units.

Clay Taylor, CCIM and Wyatt Poats of Cushman & Wakefield | Thalhimer are the exclusive leasing representatives for Rosedale. 

 

 

About Cushman & Wakefield | Thalhimer
Thalhimer was founded in 1913 and currently has offices in Richmond, Newport News, Virginia Beach, Fredericksburg, Roanoke, Charlottesville, and Lynchburg, VA. The company has nearly 100 broker professionals and employs over 425 associates. Thalhimer represents, on behalf of its clients, a property portfolio of over 55 million leasable square feet, and management of over 30 million square feet of commercial property, and over 10,000 multifamily units. In 2021, Thalhimer completed over 2,300 transactions with a transactional volume more than $2.2 billion.  Thalhimer is the region’s leading provider of comprehensive commercial real estate services. The firm offers comprehensive commercial real estate services including corporate services, investment sales, tenant representation, project management, asset management, and the sale and leasing of office, industrial and retail properties.  
To learn more, visit www.thalhimer.com or follow @Thalhimer on Twitter.Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and approximately 60 countries. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, and valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
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Written on July 14, 2022