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Following successful lease-up of The Symbol, Spy Rock Development expands footprint in bustling Scott’s Addition neighborhood
RICHMOND, VA - Spy Rock Development in partnership with local entrepreneur Brad Cummings announces today its acquisition of the former McKinnon and Harris Building at 1806 Summit Avenue in the Scott’s Addition neighborhood of Richmond. The one-story, 35,985 square foot property, will undergo substantial renovations over the next six months and be repositioned as creative commercial space. JLL’s Gareth Jones and Jimmy Appich have been tapped as the leasing team for the project.
“After a successful lease-up next door at the Symbol development, we are excited to announce 1806 Summit, our next project in the Scott’s Addition neighborhood and we’re happy to work with JLL again on this project,” acknowledged Andrew Basham, Principal, Spy Rock Real Estate Group. “We have plans to commence renovations immediately and are slated to begin moving in tenants by Fall 2018.”
“Scott’s Addition is a magnet for companies looking to improve their workplace environment and attract the best and brightest talent. 1806 Summit has the cool vibe that companies looking for space in Scott’s Addition expect,” stated Gareth Jones, Vice President, JLL. “With high ceilings, indoor/outdoor spaces, skylights, and off-street parking, the property is the perfect fit for companies looking to be in the hottest neighborhood in Richmond.”
For more information about 1806 Summit, visit http://www.jll.com/Richmond/en-us.
About JLLJLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2017, JLL had revenue of $7.9 billion; managed 4.6 billion square feet, or 423 million square meters; and completed investment sales, acquisitions \and finance transactions of approximately $170 billion. At the end of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of 82,000. As of December 31, 2017, LaSalle had $58.1 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.
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