Posted by Paula C. Squires at Virginia Business
Commonwealth Commercial Partners (CCP) in Henrico County has expanded its Rural Land Team by creating a subsidiary designed to meet the needs of rural land buyers and sellers.
The company has hired five new staff members to help run the subsidiary, Commonwealth Land. “This is a different business than commercial real estate, and it deserves its own marketing team, management team, research team,” Mark Claud, CEO of CCP said in an interview with Virginia Business.” It’s infinitely scalable, and we are excited to take our platform to other markets.”
The new hires in the company’s Richmond office and other locations are in the areas of marketing, data base management and transactional sales.
They will focus on enhancing what has long been a business line of the company. Commonwealth Commercial has a history of working with clients to manage rural land sales, particularly in the range of 100 to 4,000 acres. “That’s our sweet spot,” Claud says.