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The Glen Forest Portfolio Sells For $15,000,000

Glen Forest Photo

Richmond, VA – March 5, 2020 Colliers International is pleased to announce the sale of The Glen Forest Portfolio at 7200, 7202, and 7204 Glen Forest Drive, Richmond, Virginia for $15,000,000.

The Glen Forest Portfolio is a 116,395 SF, Class A, three building office portfolio prominently positioned in the highly desirable and sought-after Forest Avenue office submarket of Richmond, Virginia. The Portfolio was 95.2% occupied at the time of sale and leased to a diverse and reputable roster of credit and regional tenants.

“The Portfolio provides attractive in-place cash flow with a strong mark-to-market rent opportunity that was well received in the market resulting in a competitive sale process” said Will Bradley, Executive Vice President at Colliers International.

Will Bradley, Executive Vice President, and Mark Williford, Vice President, represented the seller.

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Will Bradley

Executive Vice President

Richmond - North

Will Bradley is Executive Vice President for Colliers International specializing in structuring and facilitating the acquisition and disposition of complex development and institutional investment properties across the United States Prior to joining Colliers in 2019, Mr. Bradley spent over a decade with CBRE. 
Mr. Bradley’s background in financial and market analysis combined with his significant ongoing deal activity delivers his clients unmatched transparency into the current real estate markets. Mr. Bradley’s client’s further benefit from his understanding of the development process and comprehensive scenario analyses incorporated into his strategic advisory to achieve his clients’ goals. Over the past two years, he has handled more than $800 million in transaction advisory services.

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Mark Williford

Senior Vice President

Richmond - North

Mr. Williford specializes in investment sales transactions throughout the Mid-Atlantic and Southeast and brings an unparelled level of passion and expertise to the business. With over 8 years of commercial real estate experience he has successfully represented private, high-net worth and institutional clientele in the successful disposition of retail, mixed-use, office and industrial assets totaling $1.7B+.  

Prior to joining Colliers International, Mr. Williford was a Director at HFF in Denver, Colorado, one of the largest and most successful commercial real estate capital intermediaries serving the United States and Western Europe. Prior to joining HFF, Mr. Williford was a leasing broker with SullivanHayes focused on tenant and landlord representation where he completed more than 500,000 square feet of lease transactions. He began his career in real estate as an intern at The Wilton Companies in Richmond, Virginia.

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