Real Estate ProfessionalsJarrell in the News
Fraser Expanding
March 20th, 2017
Fraser Wood Elements opened just six months ago, but it’s already planning an expansion to keep up with demand for its artisanal wood products. The downtown Fredericksburg store, which offers mostly locally made reclaimed and refinished wood items, is setting itself up to offer new workshop and programming space next door beginning in March. “We […]
Read MoreBridgewater
March 6, 2014
A local real estate investment company this week purchased a building off Princess Anne Street in downtown Fredericksburg that was once slated to provide residential substance abuse services for men. Jarrell Properties Inc. bought the 5,147-square-foot building at 316 Bridgewater St. for $305,000, said Marc G. Smith of Jarrell Properties Inc., who brokered the sale with Michael […]
Read MoreLiberty Knolls
September 5, 2013
An affiliate of Fredericksburg-based Jarrell Properties Inc. last month bought 15 acres adjacent to its Liberty Knolls subdivision off Courthouse Road in Stafford County. The Jarrell affiliate bought the land for $600,000 from Gemini Trustees LLC, according to Stafford property records. The land is across from Colonial Forge High School. Site work is under way on the […]
Read MoreGoodwill Acquisition
October 2, 2012
Rappahannock Goodwill Industries has sold two of its properties on Princess Anne and Caroline streets in Fredericksburg, and the remainder will be sold this week. Last week, the disAbility Resource Center bought Goodwill’s properties at 1501 and 1503 Princess Anne for $230,000. The organization had already been leasing one of those buildings for its Equipment […]
Read MoreWalton Sale
August 12, 2011
Walton International Group today bought about 378 acres in the Lee’s Parke area of Spotsylvania County for about $11.58 million, according to a deed filed this morning in Spotsylvania Circuit Court. The price is about 47 percent above the property’s tax-assessed value. Walton is a real estate investment company based in Scottsdale, Ariz., that within the past year […]
Read MoreJPI Office
July 28, 2011
Jarrell Properties Inc. plans to move its Spotsylvania County office to a waterfront property in downtown Fredericksburg. The real estate development and management firm will within the next couple of months start renovating the property at 1005 Sophia St. (pictured here) into a two-story office building that it hopes to occupy in late 2011 or early 2012, said company chairman […]
Read MorePelham’s
March 7, 2011
P A 57-acre property where the Pelham’s East residential subdivision is planned in Spotsylvania sold last month for $1.5 million, according to county property records. Pelham’s East LLC, whose operating manager is Jay Jarrell, bought the land from the estate of Joseph Wilton Greene Sr. The neighborhood would be accessed from Jim Morris Road and […]
Read MoreKeswick Approval
December 17, 2010
A rezoning request that would allow the development of apartments, townhouses, single-family homes and a new public park near Spotsylvania County’s courthouse area won the approval of the county’s Planning Commission on Wednesday night. The commission voted 3-1 to recommend approval of an application to rezone the 158-acre Keswick property from Agricultural 2 to Planned […]
Read MoreLadysmith Sale
January 23, 2009
The developers of Ladysmith Village succeeded in creating a community with small-town charm, complete with an old-fashioned clock in Founder’s Park. There’s now a new residents’ clubhouse, to go along with the elementary school, library and amphitheater. But there’s no surprise these days about what isn’t happening at Ladysmith Village, or virtually any other developing […]
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