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Chesapeake office buildings sell for $18.9M

Greenbrier Towers I and II are 78% leased

//February 25, 2022//

Chesapeake office buildings sell for $18.9M

Greenbrier Towers I and II are 78% leased

// February 25, 2022//

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Two office buildings in the Greenbrier area of Chesapeake have been sold for $18.9 million, Cushman & Wakefield | Thalhimer announced Feb. 22.

Miami-based KAS Partners acquired Greenbrier Office Towers I and II from FP Greenbrier Towers LLC, according to Chesapeake property records.

The 171,762-square-foot Class A office portfolio is on 11.44 acres at 860-870 Greenbrier Circle. The two towers are 78% leased by more than 30 companies, including government and defense contractors, investment management companies, law firms and IT firms.

Eric Robison and Bo McKown of Thalhimer’s Capital Markets Group represented the seller in the transaction. Jason Hochman, Ron Granite and Brad Geiger of Cushman & Wakefield assisted the buyer with a $13.5 million fixed rate loan.

 

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