Terramar USA buys Norfolk Industrial building for $1.8 million
Terramar USA has purchased a 56,344-square-foot industrial building in Norfolk for $1.8 million.
The building is located on 3.1 acres at 1130 Kingwood Ave. Cameron Coleman and David Newman of the Fredericksburg office of Colwell Banker Commercial Elite represented Terramar USA in the purchase. The industrial warehouse will be Terramar USA’s first U.S. logistics location.
Terramar USA provides raw materials for the production of food for the animal husbandry industry, such as salmon, shrimp and other aquaculture species. Terramar, a company based in Spain, takes care of the supply, transport and distribution of materials as well as the warehousing and administration of the warehouses.
Geoff Poston of Cushman Wakefield | Thalhimer represented the seller, Dillon Supply.