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Home News Industries Commercial Real Estate Specialty food retailer buys new headquarters site for $1.85 million

Specialty food retailer buys new headquarters site for $1.85 million

Published July 25, 2016 by Robert Powell, III

Taste, a specialty food retailer, paid $1.85 million for its recently announced new corporate headquarters in Virginia Beach.

The commercial real estate firm Cushman & Wakefield | Thalhimer said Taste is acquiring the Bayside Commerce Center in Airport Industrial Park at 1391 Air Rail Avenue.

The 27,766-square-foot, light industrial property is situated on 2.456 acres. In addition to housing the company's corporate offices, the facility also will be the site for a warehouse and catering kitchen.

Taste expects to complete its move to the Virginia Beach building by November. The company’s current office and warehouse is in Norfolk.

John P. Duffy and Patrick L. Mumey of  Cushman & Wakefield | Thalhimer handled the property marketing and sale negotiations on behalf of the seller.

Taste’s acquisition was one of two corporate headquarters moves announced last week in Virginia Beach. BN Media Associates LLC also is moving its headquarters from Norfolk to Virginia Beach.

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