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Colliers International

Jun 7, 2023

Hampton Roads warehouses sell for $8.4M

A portfolio of three warehouses in Hampton Roads sold for $8.4 million in mid-May. Tidewater Fleet Supply, an independent distributor of fleet, truck, trailer and heavy equipment parts, leases the properties. Located at 3666 Progress Road, the Norfolk warehouse sold for $6.03 million, according to city property records. The parcel is approximately 4.82 acres. At […]

Walthall Distribution Center in Chesterfield County. Image courtesy Lingerfelt
Mar 17, 2023

Four Richmond-area distribution centers sell for $105.6M

A joint venture between Glen Allen-based Lingerfelt and Swiss private investment firm Partners Group bought three Chesterfield County distribution centers and one Hanover County facility for $105.6 million, Lingerfelt announced Friday. The four multi-tenant facilities are 100% leased to 18 tenants and total 1.16 million square feet. The properties were developed between 2000 and 2003. […]

Jan 24, 2022

Salem’s Spartan Square sells for $16.5M

Spartan Square, a 180,346-square-foot shopping center in Salem, has been sold for $16.5 million, Colliers announced on Jan. 18. Spartan Square Limited Partnership sold the 91% leased shopping center to a joint venture between Essential Growth Acquisition Properties and Viking Partners. The shopping center is anchored by a Kroger and tenants include Dollar Tree, Pet […]

Nov 18, 2021

Henrico County retail property sells for $31M

A Baltimore-based real estate developer has purchased The Row at GreenGate, a retail property in the Short Pump area of Henrico County, for $31 million, Colliers International announced Thursday. The 100,000-square-foot property at 12151 W. Broad St. was bought by DK Greengate LLC, an entity connected to Klein Enterprises, which increases its holdings in Virginia […]

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