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Sale of 5207 Hickory Park Drive

5207HickoryParkDrive

Richmond, VA – December 14, 2020 – Colliers International Virginia, LLC (“Colliers”) is pleased to announce the sale of 5207 Hickory Park Drive in Glen Allen, Virginia for $1,380,00.00. 

5207 Hickory Park Drive is a 5,200 square foot, medical office 100% leased to a medical practice.  The property offers the buyer, Park Place Associates, LLC, the opportunity to enhance its portfolio with a stable and profitable asset.

The property, which was recently renovated, is situated in a high-income area with abundant parking and excellent access to I-295. 

Barry Hofheimer, senior vice president at Colliers, and Scott Boyers with Highline Developments, represented the seller, Hickory Park Properties, LLC. 

Colliers Virginia has offices in Charlottesville, Fredericksburg, Richmond, and Norfolk. To learn more about Colliers or to view other investment sales opportunities, please visit: www.colliers.com/richmond


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Barry Hofheimer Sr.

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Since 1981, Barry Hofheimer has been actively engaged in the commercial real estate field. He has a wide range of experience including investment sales, office and retail leasing, and land development. Barry is now semi-retired but does partner with the appropriate active broker on certain lease and sale transactions. In addition, his experience includes many lease transactions, work on behalf of major companies relocating to the Richmond area, corporate headquarter site selection, retail prototype site selection, land development for residential communities and neighborhood retail.  Barry and two partners joined the firm in 2001 upon closing their boutique commercial firm, Virginia Landmark Corporation. 
Prior to entering the commercial real estate field, Barry was Vice President of Jefferson Manufacturing Company, a menswear manufacturing company.  Barry coordinated the manufacturing end of the business scheduling the production and shipping of 500,000 pairs of men’s slacks and 150,000 coats annually. 

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Joe Marchetti

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Joseph Marchetti has over 34 years of experience in the real estate brokerage, asset services and corporate advisory services business. As Managing Director of the Richmond office, Joe is primarily responsible for leading the brokerage and asset services teams to be the top performers in the local market. Additionally, he is responsible for overseeing the offices in Charlottesville and Fredericksburg. Joe has consistently been one of the top producers in the Richmond market focusing on the office, office/flex and industrial product types. He has leadership and management experience in all phases of commercial real estate: marketing, development, site selection, leasing and sales. Real estate owners and investors seek his management and leasing value upon disposition. Joe has developed a team of bright, competent, friendly, trustworthy people who are capable of developing positive, long-term relationships with our customers. Joe specializes in landlord representation, and land sales in office and industrial properties in Richmond, VA.

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