Chesapeake shopping center sells for $3.4 million
Sky Horses Holdings LLC has purchased Holly Point Shopping Center in Chesapeake for $3.4 million from seller Pam Joy Realty Inc.
According to Cushman & Wakefield | Thalhimer, which announced the sale, the new owner purchased the retail center at 211 Providence Road as an investment. Sky Horses plans to occupy the anchor space for their grocery business.
Thalhimer’s Dean Martin handled the sale negotiations on behalf of the seller.
In lease transactions for Thalhimer in Hampton Roads:
BAE Systems Norfolk Ship Repair leased 66,300 square feet at 401 Woodlake Drive in Chesapeake. Robert M. Thornton and William Throne handled the lease negotiations on behalf of the landlord.
U.S. Port Services, Inc. expanded into a total of 57,300 square feet at 1401 Maltby Ave. in Norfolk. Janet Whitbeck handled lease negotiations for the landlord.
Associated Materials LLC leased 17,719 square feet in Westpark III at 301 W. Park Lane in Hampton. Clay Culbreth handled the lease negotiations on behalf of the tenant.
Rimtyme renewed its lease of 10,000 square feet at 3233 W. Mercury Blvd. in Hampton. Bobby Phillips handled the lease negotiations.