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Norfolk warehouse sells for $1.3M

10,044-square-foot property is fully leased

//October 27, 2023//

A Norfolk warehouse at 1301 Marsh St. has changed hands. Photo courtesy Cushman & Wakefield | Thalhimer

A Norfolk warehouse at 1301 Marsh St. has changed hands. Photo courtesy Cushman & Wakefield | Thalhimer

A Norfolk warehouse at 1301 Marsh St. has changed hands. Photo courtesy Cushman & Wakefield | Thalhimer

A Norfolk warehouse at 1301 Marsh St. has changed hands. Photo courtesy Cushman & Wakefield | Thalhimer

Norfolk warehouse sells for $1.3M

10,044-square-foot property is fully leased

// October 27, 2023//

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A 10,044-square-foot office and warehouse building in Norfolk sold Tuesday for $1.3 million.

The building, on 1.71 acres at 1301 Marsh St., was previously owned by Daughters Trust 3557. Piedmont Land Development bought the property, which is fully leased, as an investment. It is currently leased to Hepaco, an environmental cleanup company.

William C. Throne and Robert L. Phillips with Cushman & Wakefield | Thalhimer handled sale negotiations on behalf of the buyer.

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