Cushman & Wakefield | Thalhimer announces two sales transactions in Hampton Roads

Published November 21, 2016 by Paula C. Squires

MGP Retail Consulting has purchased a four-acre site in Virginia Beach from Mark IV Investments Inc. for $1.5 million. According to Cushman & Wakefield | Thalhimer, which brokered the sale, the land at General Booth Boulevard and Edison Road will be a new location for a retail development. Thalhimer’s Dean Martin, Geoff Poston and Eric Throne handled sale negotiations on behalf of the seller.

In another sales transaction, Integument Rx Suffolk LLC purchased a 9,000–square-foot office building at 1069 Centerbrooke Lane in Centerbrooke Office Park in Suffolk from Harvel One LLC for $1.2 million. Cushman & Wakefield | Thalhimer said the building will be used as a medical practice. Rob Wright handled sale negotiations on behalf of the seller.