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Rockbridge tent manufacturer to expand, add 60 jobs
Natural Bridge-based fabric shelter systems manufacturer XFactor Solutions Global has leased 34,000 square feet to expand in Rockbridge County, with plans to create 60 jobs, Cushman & Wakefield | Thalhimer announced Thursday. The company, which acquired the assets of Creative Tent International in October, will use the industrial space at 70 Douglas Way in Natural […]
Cushman & Wakefield | Thalhimer hire Richmond VP
Brian Felton has joined Cushman & Wakefield | Thalhimer‘s Richmond office as a first vice president focused on industrial sales and leasing, the real estate firm announced Tuesday. Felton was previously a senior leasing manager with San Francisco-based Prologis, where he oversaw a 3.6 million-square-foot portfolio of industrial buildings in Richmond, Norfolk and Fredericksburg. According[...]
Hazelwood Farms is set to become industrial park
A 328-acre former James City County farm is set to become the largest speculative industrial project along the Interstate 64 corridor between the Port of Virginia and Richmond. Hazelwood Farms was purchased for $12 million in April by Houston-based industrial real estate firm Lovett Industrial, which plans to develop a 2.2 million-square-foot business park on […]
Construction begins on $135M Loudoun biz park’s first phase
Construction has started on the first four buildings in an approximately $135 million, 10-building business community in Dulles, project owner-developer St. John Properties Inc. of Baltimore announced Wednesday. The project, Arcola Center, will be a 34-acre business park at the intersection of Loudoun County Parkway and Dulles West Boulevard with eight flex/research and development buildings [&hel[...]
Chesterfield industrial property sells for $1.7M
An industrial/flex space property in Chesterfield County has sold for $1.7 million. 11300 Business Center LLC purchased a 9,100-square-foot building on 11300 Business Center Drive from AdvanceTEC Properties LLC as an investment, according to Cushman & Wakefield | Thalhimer. The building has been the corporate headquarters for AdvanceTEC LLC, a builder and designer of industrial […]
Industrial space gets boost in Amherst
Amherst County has received a $3 million federal grant to attract manufacturing firms with a new 45,000-square-foot, $4.6 million industrial facility. In September, the U.S. Department of Commerce announced that it awarded a $3 million grant to the county Economic Development Authority to build a new county-owned facility, with hopes that the project would create […]
Alexandria warehouse sells for $9M
Washington, D.C.-based Lee & Associates has brokered the $9 million sale of a 28,000-square-foot warehouse at 619 S. Pickett St. in Alexandria to Terreno Realty Corp. The 1.27-acre site is adjacent to the Van Dorn Street Metro station. Josh Simon, president of Lee & Associates | Washington, D.C., represented the seller, DVPP LLC. The building […]
