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Va. Beach industrial property sells for $3M
Eimskip Logistics located in facility
A 38,600-square-foot industrial building on 4.34 acres in Virginia Beach has been sold for $3,015,000, Cushman & Wakefield | Thalhimer announced last week. The property at 1424 Baker Road was
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Chesapeake industrial/flex buildings sell for $61M
General Dynamics, Sentara among tenants
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A three-building industrial/flex office complex in Chesapeake has sold for $61 million, Cushman & Wakefield | Thalhimer announced Thursday. Washington, D.C.-based DSC Partners sold the property, which is 100% leased
Técnico Corp. buys Newport News building for $3M
Property is in Oyster Point Park
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An industrial building in Newport News’ Oyster Point Park was sold for $3.125 million, Cushman & Wakefield | Thalhimer announced this week. Técnico Corp. purchased the 53,414-square-foot building on 3.93
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Norfolk industrial building sells for $3.75M
Property occupied by Superior Distribution and Superior Pool Corp.
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A 66,000-square-foot industrial building in Norfolk has sold for $3.75 million. Virginia Beach-based Club Forrest Acquisitions LLC purchased the building, located at 4500 Progress Road, from Boston-based Wheeler Commercial Properties.
Commercial real estate leasing roundup
Va. leasing announcements of at least 5K square feet for March 25 to April 23
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Central Virginia – Weyerhaeuser Co. renewed its lease of 72,399 square feet of industrial space at Sarellen Road Warehouse, 4200-4222 Sarellen Road, in Henrico County. Evan Magrill and Scott Douglas
$60M Hanover industrial development to begin construction in May
Northlake II scheduled for spring 2022 opening
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A $60 million, five-building industrial development is set to begin construction next month in Hanover County. Northlake II will include approximately 655,000 square feet of Class A industrial space. Construction
Henrico industrial facility purchased for $7.8M
Building in Richmond Distribution Center will undergo renovations
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On April 7, Richmond-based commercial real estate investment firm Lingerfelt CommonWealth Partners LLC announced it had acquired an industrial facility in Henrico County for $7.8 million. Located at 4300 Carolina
Manufacturing/logistics building coming to Meadowville Technology Park
Project is first spec development at Chesterfield County-owned tech park
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A newly announced 353,044-square-foot manufacturing and industrial facility will be the first spec building constructed at Meadowville Technology Park, which is owned by the Chesterfield County Economic Development Authority. The
Hampton industrial property sells for $1.7M
LLC buys property from Shamrock Manufacturing Co.
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G & V LLC has purchased a 44,76-square-foot industrial building situated on 3.71 acres in Hampton for $1.74 million to open a manufacturing operation. The property is located at 315
Amid leadership shuffle, Halifax sees silver lining
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The Halifax County Industrial Development Authority has seen some upheaval recently, but officials say there are several projects in the pipeline as well as a new shell building ready to