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James City County farmland sells for $12M
A Houston-based industrial real estate company has purchased a 328-acre former farm in James City County for $12 million with plans to develop facilities for manufacturers, importers and warehousing and distribution companies. Cushman & Wakefield | Thalhimer and sales partners Berkshire Hathaway HomeServices RW Towne Realty announced the sale of The Enterprise Center at Hazelwood […]
Former Henrico bank branch sells for $1.6M
A former Atlantic Union Bank branch in Henrico County has sold for $1.6 million. 8209 W Broad Street LLC, which is registered to an address in Chesterfield County, purchased the 3,579-square-foot former bank office on approximately .58 acres from Atlantic Union Bank. The property is located at 8209 W Broad St. Will McGoogan of Cushman […]
Chesterfield shopping center sells for $4.92M
A Chesterfield County shopping center anchored by a Food Lion has sold for $4.92 million. Cushman & Wakefield | Thalhimer‘s Capital Markets Group represented seller 360 Associates LLC in the sale of Deer Run Village, which also features seven small shop tenants, located at 13947 and 13941 Raised Antler Circle in Chesterfield County, according to […]
Two retail, office buildings in Chesapeake sell for $3.1M
Two buildings with retail and coworking spaces on South Military Highway in Chesapeake have sold for $3.1 million, Cushman & Wakefield | Thalhimer announced Monday. The 38,800-square-foot and 10,000-square-foot buildings sit on 4.7 acres at 2211 S. Military Highway. The property’s 31 tenants include Amazon.com Inc., FedEx Corp., U-Haul and Laundry Land. Advisory Investments LLC […[...]
Chesapeake industrial building goes for $1.4M
AG Wraps Inc. has purchased a 11,200-square-foot industrial building in Chesapeake for $1.4 million, Cushman & Wakefield | Thalhimer announced Monday. The building, at 913 Business Park Drive, is on 1.05 acres, and it was purchased from Allen V. Alewine. The company installs short- and long-term vinyl graphics for vehicles and has other locations in […]
Retail/office collection in Richmond sells for $6.3M
A combined 15,994 square feet of retail and office buildings in Richmond’s West End area sold for $6.3 million in late March, according to Cushman & Wakefield | Thalhimer. The buildings are located at the corner of Grove and Granite avenues, at addresses 5701-5707 Grove Ave. and 124 Granite Ave. About half of the buildings […]
Chesterfield distribution center sells for $37.5M
A distribution center in Chesterfield County’s Meadowville Technology Park sold for $37.5 million in mid-March, according to county property records. Located at 1400 Digital Drive in Chester, the 353,044-square-foot distribution center is fully leased to one tenant — CCBCC Operations LLC, a wholly owned subsidiary of Coca-Cola Consolidated Inc. — according to a Cushman & […]
Two Roanoke apartment properties sell for $3.35M
A 26-unit multifamily community and a 16-unit apartment complex in Roanoke sold together for $3.35 million on Feb. 10. Located at 2002 Langdon Road SW, the 26-unit community, Langdon Square at Raleigh Court, has 22 garden-style apartments built in 1985 and four townhomes built in 1990. The structure is 59,407 square feet total, according to […]
Warehouse portfolio with two Va. properties sells for $21.86M
Seven warehouses leased to Lansing Building Products, including two in Virginia, sold for $21.86 million, Cushman & Wakefield | Thalhimer announced Friday. The portfolio of warehouses totals 209,883 square feet, and the properties range from 20,000 to almost 50,000 square feet each. On average, 89% of each property is warehouse, and 11% is office space. […]
Thalhimer rebrands property management division
Cushman & Wakefield | Thalhimer is rebranding its residential property management division from Residential Property Services to Thalhimer Multifamily (TMF), the real estate firm announced Thursday. TMF is Thalhimer’s largest operating group, employing more than 200 people and managing more than 9,100 multifamily units across Virginia and North Carolina. “Our firm’s strategic[...]
Newport News warehouse sells for $2.65M
A warehouse in Newport News sold for $2.65 million, Cushman & Wakefield | Thalhimer announced Wednesday. Located at 1011 and 1031 44th St., the 30,000-square-foot industrial building sits on 3.55 acres. The land is currently being used for a wholesale distribution facility, according to Newport News property records. Three tenants split the facility: Hampton Roads […]
Cushman & Wakefield | Thalhimer promotes marketing director
Cushman & Wakefield | Thalhimer has promoted Kristan Cole to vice president of marketing and brokerage services, the commercial real estate company announced Jan. 9. Cole will lead the firm’s overall marketing strategy as well as provide leadership and oversight of Thalhimer’s research, design, communications and brokerage services teams. “Kristan’s ability to initiate crea[...]
