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Commercial real estate highlights: Three office buildings in Henrico sell for $19.2 million | Business News

The Vistas II office building at 5516 Falmouth St. in Henrico County and the Vistas I building next door at 5540 Falmouth St.,  along with One Holland Place office building at 2235 Staples Mill Road, sold for a total of $19.2 million. The three buildings have a total of 155,368 square feet. Midtown Richmond LLC, a Florida-based entity, bought the three-building portfolio from Allegiancy. The buildings are 92% leased to tenants including Kroger, PPD, Commonwealth of Virginia and Azura Vascular Care. The three-story Vistas I and Vista II buildings, constructed in 1987, were assessed for a total of $7.37 million, the county’s online property records show. One Holland Place, a four-story building constructed in 1987,  was assessed for $8.3 million, the property records show. Will Bradley and Mark Williford with Colliers International represented the seller.

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