Innsbrook office building sells for $8.3 million
Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Wednesday the sale of a 62,941-square-foot, Class A office building at Innsbrook Corporate Center for $8.3 million.
According to Thalhimer, which represented the seller, BH Properties, the building at 4800 Cox Road was 98% leased at the time. The buyer was Real Estate Value Advisors.
Innsbrook in Henrico County is the Richmond region’s largest suburban office park. Major tenants in the building include The Winebow Group, Covington Travel Services and Free Agents Marketing.
Formerly the headquarters for Owens & Minor when built in 1989, the building underwent major renovations and upgrades when purchased in 2006 by the seller. The property offers lakefront views, locker rooms and showers, and has direct access to a 1.5-mile jogging and bike trail that surrounds the lake.
Thalhimer has been the exclusive leasing representative for the property.
Eric Robison completed the sale for Thalhimer with support from Mark E. Douglas, and Mac Wilson of Cushman & Wakefield | Thalhimer’s office leasing team.