Brian Cunningham, CCIM with Coldwell Banker Commercial Elite, Closes Two Commercial Deals Totaling $11.365M in Fredericksburg, VA.
FREDERICKSBURG, VA. (Sept. 11, 2025) – Coldwell Banker Commercial Elite is pleased to announce the closing of two recent transactions totaling $11,365,000, both represented by Senior Associate Broker Brian Cunningham, CCIM.
The first property, encompassing approximately 6.5 acres of open industrial land and approximately 14,000 square-feet of office and warehouse space at 200 Central Road, closed for $3,515,000. Cunningham and Carl Braun, also with Coldwell Banker Commercial Elite, both represented the Buyer, a mutual past client. Cunningham represented the Seller, Norfleet Holdings.
“Working with Brian Cunningham was nothing short of outstanding. From start to finish, Brian represented Norfleet Mulch with the highest level of professionalism, market knowledge, and dedication in the sale of our industrial property in the City of Fredericksburg,” said Dan Palchak, owner of Norfleet Mulch. “Brian’s expertise in pricing and positioning the property was spot on. Because he priced it exactly right, we received multiple offers and were able to achieve a great result in a very competitive market. His ability to read the market and develop the right strategy made all the difference.”
The second property, located at 4701 Market Street, is a 79,240 square-foot office building on 5.52 acres, formerly owned and occupied by Rappahannock Goodwill Industries. It sold for $7,850,000. Cunningham, Braun and fellow Coldwell Banker Commercial Elite broker Nick Calamos, CCIM, represented the buyer, Rappahannock Area Community Services Board (RACSB). RACSB intends to utilize the building for a 24-hour crisis center that will provide a safe, calming space for individuals experiencing psychiatric emergencies for assessment and stabilization.
“Brian, Carl and Nick collectively made securing our new property on a tight deadline a smooth and successful process. Their deep knowledge of the market, strong community connections, and constant responsiveness kept everything moving—even while on vacation,” noted Joe Wickens, Executive Director for Rappahannock Area Community Services Board. “By coordinating seamlessly with sellers, attorneys, title, and inspectors, they ensured there were no delays. Their dedication and expertise turned what could have been a stressful experience into an efficient, streamlined process, allowing us to meet our deadlines and move forward with creating a crisis receiving center for behavioral health.”
Cunningham described the optimal location of the property, saying, “In working with RACSB, the site’s proximity to the newly opened Veterans Affairs Outpatient Clinic, the standalone Emergency Department operated by Mary Washington Healthcare, and its position between two major regional hospitals made this location an ideal choice for their new facility.”
Contact Cunningham at (540) 429.3414 or bcunningham@cbeva.com. To view Cunningham’s listings, visit https://www.cbcworldwide.com/professionals/UXdRFIgSF/brian-cunningham.
About Coldwell Banker Commercial Affiliates
Coldwell Banker Commercial Elite, an affiliate of Coldwell Banker Commercial®, provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition and disposition of all property types. With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises of nearly 200 independently owned and operated affiliates as well as owned brokerage and more than 3,000 professionals in 40 countries. For additional information, visit www.cbcworldwide.com.
# # #
Media Contact: Kevin J. Guhl, kevin.guhl@cbrealty.com, 973-407-5916
