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Bristol Development Purchases 3.3 acres at Virginia Center – Plans Luxury Apartment Community

RICHMOND, VIRGINIA, July 22, 2024 – Cushman & Wakefield | Thalhimer is pleased to announce the sale of 3.3 acres of land at 10551 Telegraph Road in Glen Allen, VA.

Bristol Development Group, LLC purchased the mixed-use parcel from Mohawk Investment Partners, LLC and plans to develop a luxury five-story apartment community with 279 units. This will be Bristol’s seventh project in the Richmond market. Poole & Poole is the architect for the project. Last week, Fortune Johnson, the general contractor, commenced construction.

David Smith, CCIM of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the seller.

For Further Information Contact:
David M. Smith, CCIM
Senior Vice President
+1 804 697 3466
david.smith@thalhimer.com

About Cushman & Wakefield | Thalhimer
Thalhimer was founded in 1913 and currently has offices in Richmond, Newport News, Virginia Beach, Fredericksburg, Roanoke, Charlottesville, and Lynchburg, Virginia. The company has nearly 100 broker professionals and employs more than 450 associates. Thalhimer represents, on behalf of its clients, a property portfolio of 54 million leasable square feet, management of more than 27 million square feet of commercial property, and 10,000 multifamily units. In 2023, Thalhimer completed over 1,800 transactions with a transactional volume of more than $1.7 billion. Thalhimer is the region’s leading provider of 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.
To learn more, visit www.thalhimer.com.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in approximately 400 offices and 60 countries. In 2022, the firm reported revenue of $10.1 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), Environmental, Social and Governance (ESG) and more. For additional information, visit www.cushmanwakefield.com.
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Written on July 23, 2024