REBusinessOnline

RLN Acquires 184,270 SF Industrial Building in Richmond for $2.1M

1500-Commerce-Road-Richmond-VA

Rental Works will occupy a portion of the 184,270-square-foot industrial building located at 1500 Commerce Road in Richmond, Va.

RICHMOND, VA. — RLN Co. has purchased an industrial property located at 1500 Commerce Road in Richmond. Keck Realty sold the property to RLN for $2.1 million. The buyer plans to utilize a portion of the 184,270-square-foot facility, which is situated on 9.4 acres, as the new Rental Works headquarters while leasing out the remaining space. Rental Works is a tool rental service based in Virginia’s Henrico County. Isaac DeRegibus of Cushman & Wakefield | Thalhimer represented the seller in the deal.

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