Virginia Beach office building sells for $1.9M
Commonwealth Park Executive Center is 100% occupied
Commonwealth Park Executive Center in Virginia Beach has sold for $1.9 million, Colliers announced Thursday.
The Class B, two-story building located at 900 Commonwealth Place once housed the WCMS radio studios and currently is 100% occupied. It was built in 1975.
The building has 20,180 rentable square feet leased to five tenants, including Commonwealth Park Executive Suites.
Tri-City Properties LLC sold the building to CPPC9 LLC in a sale handled by Patrick Gill and Ned Brooks, senior vice presidents at Colliers.