Jonathan, through Coastal Marina Sales, represented the buyer for two adjacent properties with mixed use residential and marina uses located at 1811 Hilltop Avenue in Baltimore County Maryland. The property included a residential home and a commercial marina parcel with 30 wet slips.
Jonathan represented Hermes Abrasives in the sale and lease back of their 155,640 square foot manufacturing facility located at 524 Viking Drive in Virginia Beach Virginia. The property was sold to an investment group, and they were provided with a ten-year lease back from Hermes Abrasives.
Jonathan represented the seller in the sale of a two-tenant retail investment property located at 994 J. Clyde Morris Boulevard in Newport News Virginia. The property was 100% leased with new five-year leases in place, including Domino’s Pizza. The property was sold to a local investor.
Jonathan represented Horizon Distributors, the owner, in the sale and lease back of a 5,867 square foot industrial property located at 104 Burts Road in Yorktown Virginia. A local investor purchased the property and Jonathan assisted in securing a ten-year lease back from Horizon Distributors.
Jonathan represented the owner / investor in the sale of a 9,100 square foot former Family Dollar property to O’Reilly Auto Parts. The property was located on North County Street in Wakefield Virginia and O’Reilly Auto Parts will be opening a new store at that location. The seller is a repeat client of Jonathan’s.
JCP represented the tenant, LION Power Systems in negotiating an industrial lease for 47,788 square feet in 3321 E. Princess Anne Road in the Norfolk Industrial Park in Norfolk, Virginia. LION Power Systems distributes and assembles battery storage systems.
JCP represented the investor in the purchase of a leased investment located at 120 American Legion Road in Chesapeake, Virginia. The investor is a multi-transaction client of Jonathan Commercial Properties.
34 fixed wet slips with power and water. 2.38 acres minutes from downtown Urbanna. Marina building has 2,484 square feet with 600 square foot second floor apartment. First floor ideal for ship store, event space, snack bar or additional apartment. Property has boat ramp, railway, pump out station and stabilized yard area.
Coastal Marina Sales completed the sale of Yankee Point Marina located in Lancaster County, Virginia. Jonathan Guion, SIOR, who specializes in marina sales, handled the sale for the seller. Yankee Point Marina is a successful ongoing full-service operation that includes wet slips, a boatyard, winter storage, a ships store, and a snack bar and pool for guests. The marina sits on over six acres with 101 wet slips on a deep channel with access to the Rappahannock River, room for 180 boats in the yard, and provides both gas and diesel fuel.
The previous owners had run the operation for over 22 years and established a strong reputation for quality yacht work. The new owner, B+G Marine Services, is an experienced boatyard operator with multiple locations including Annapolis and the British Virgin Islands, and an excellent reputation for quality work as well.
Coastal Marina Sales represented the owners in the sale of the Bridge Marina and the Urbanna Port Marina both located in Urbanna, Virginia. The Bridge Marina and the Urbanna Port Marina are two adjacent marinas that make up the primary commercial marina facilities in Urbanna, home of the famous Urbanna Oyster Festival. These two marinas, now combined as the Urbanna Boatyard & Marina, have a total of 172 fixed and floating wet slips, a restaurant, hauling and repair services, fuel, lodging, transient slips and additional amenities. The new owners are local to the area and plan on expanding the services and amenities offered by the marina.
