Hampton Roads Connector Partners purchases Norfolk office building for $12.9 million

Published October 7, 2019 by Kate Andrews

The Hampton Roads Connector Partners Joint Venture has purchased Riverside Corporate Center in Norfolk for $12.79 million, according to S.L. Nusbaum Realty Co. FHC Property Holdings LLC was the seller of the 90,000-square-foot office building at 240 Corporate Blvd.

John M. Profilet represented the seller, and Stephanie Sanker and Chris Devine represented the buyer.

In February, Hampton Roads Connector Partners won the $3.3 billion design-build contract for the Hampton Roads Bridge-Tunnel expansion project, which is expected to be completed by November 2025.

Also, First American Exchange Co. LLC purchased a former assisted living facility in Norfolk for $2.05 million from MCAP Legion LLC, in another transaction announced by Nusbaum. The building is 27,303 square feet and is located on a half-acre on 1516 Harmon St. Martin Murden, Bill Overman and John Wessling represented the seller.

In Henrico, Canterbury Townhouses LLC purchased a 7,542-square-foot retail building on 1.209 acres located at 10089 Brook Road from JWN Properties LLC for $1.37 million. Nathan Shor, Mike Zarpas and Chris Zarpas represented the seller.