Rockford Capital Acquires Richmond, VA Office Property

WILMINGTON, Del. - July 16, 2015 - PRLog -- Rockford Capital Partners is pleased to announce the acquisition of Gateway Centre II, a Class A office building located at 100 Gateway Centre in the Southwest quadrant of Richmond, Virginia. Rockford Capital acquired the property on behalf of its affiliated value-add investment vehicle, Rockford Real Estate Fund II.   The seller, Brandywine Realty Trust, was represented by Scott Adams of CBRE Richmond in the transaction.

Gateway Centre II, developed in 2002, is a three-story, 74,991 square foot office building in the 80 acre Gateway Centre office campus.  The building currently has 43,719 square feet leased to leading professional service firms, and Rockford Capital intends on attracting new tenants to the Class A property through an aggressive leasing campaign.  To market the remaining 31,378 square feet of space, Rockford Capital has selected Jones Lang & LaSalle’s Jimmy Appich, Adam Lawson, and Gareth Jones as the exclusive leasing agents.

The property is located along the interchange of Midlothian Turnpike (Route 60) and Powhite Parkway (Route 76) in Chesterfield County with immediate access to I-64, I-95, I-295, and Route 288. It is about 15 minutes to Downtown Richmond and 20 minutes to Richmond International Airport.

Rockford Capital is actively pursuing additional value-add investment opportunities throughout the mid-Atlantic and southeast regions.

About Rockford Capital Partners

Rockford Capital Partners is a private real estate firm specializing in the acquisition, repositioning, and management of small- to mid-size commercial real estate assets throughout the eastern U.S. The team focuses on identifying fundamentally strong, yet undervalued, properties and unlocking value through a proven active management process and targeted capital investments. For further information, visit http://www.rockfordcp.com