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industrial

Mike Davidson was appointed as interim executive director for the Halifax County Industrial Development Authority.
Dec 29, 2020

Amid leadership shuffle, Halifax sees silver lining

The Halifax County Industrial Development Authority has seen some upheaval recently, but officials say there are several projects in the pipeline as well as a new shell building ready to be occupied. In October 2020, IDA executive director Brian Brown was fired after being hired a little more than a year ago, a move that […]

Adbel Business Village. Photo courtesy Cushman & Wakefield | Thalhimer
Dec 7, 2020

Chesterfield industrial building sells for $2.77M

An industrial building in Chesterfield County sold for $2.77 million, Cushman & Wakefield | Thalhimer announced last week. Located at 8801-8899 Whitepine Road, the 28,600-square-foot Adbel Business Village sits on 4.1 acres. SMW Warehouses LLC purchased the property from Harrison & Hine LLC as an investment.  Constructed in 1998, the building (most recently assessed at […]

1017 Wallboard Drive. Photo courtesy Cushman & Wakefield | Thalhimer
Nov 30, 2020

Chesapeake industrial office building sells for $1.95M

An industrial office building in Chesapeake sold for $1.95 million, Cushman & Wakefield | Thalhimer announced last week. Located at 1017 Wallboard Drive, the 19,500-square-foot office building was vacant at the time of the sale. The property was purchased by Wallboard LLC, a drywall company, from Seahawk Properties LLC, which it will use it as […]

1537 Air Rail Drive. Photo courtesy Cushman & Wakefield | Thalhimer Capital Markets Group
Nov 16, 2020

Va. Beach manufacturing facility sells for $21.7M

A 320,000-square-foot industrial building in Virginia Beach sold for nearly $21.7 million, Cushman & Wakefield | Thalhimer Capital Markets Group announced late last week. The property located at 1537 Air Rail Drive is fully leased to World Distribution Services, an affiliate of The World Group, which offers logistics services through more than 10 warehousing locations […]

12724 Oak Lake Court. Photo courtesy Cushman & Wakefield | Thalhimer
Nov 11, 2020

Chesterfield County industrial building sells for $1.144M

An industrial building in Chesterfield County’s Midlothian area sold for $1.144 million, Cushman & Wakefield | Thalhimer announced Monday. Located at 12724 Oak Lake Court, the 13,000-square-foot building sits on 1 acre. GMWTG Chesterfield LLC purchased the building from JBW Warehouses LLC for storage use. The property was most recently assessed at $802,300 in January, […]

13600 Permilla Springs Drive. Photo courtesy Cushman & Wakefield | Thalhimer
Oct 30, 2020

Industrial building in Chesterfield County sells for $1.3M

An industrial building in Chesterfield County sold for $1.3 million, Cushman & Wakefield | Thalhimer announced Wednesday. The 20,000-square-foot property sits on 7 acres at 13600 Permilla Springs Drive, which is approximately 1.5 miles from John Tyler Community College.  13600 Permilla Springs LLC purchased the property from 423 Third Street Associates LP for $1.3 million […]

4650 Oakleys Lane. Photo courtesy Porter Realty Co. Inc.
Jul 10, 2020

Henrico County industrial facility sells for $9.39M

An industrial facility in eastern Henrico County has sold for $9.39 million, Richmond-based real estate firm Porter Realty Co. Inc. announced Friday.  Located at 4650 Oakleys Lane, the 229,829 square-foot facility sits on more than 23 acres and features dock and drive-in loading. The property was sold by 4650 Oakleys Lane LLC to Henrico County-based […]

Feb 10, 2020

Fredericksburg industrial buildings sell for $4.14M

Manassas Park-based Juliad Holdings LLC purchased two warehouse/industrial buildings in Fredericksburg for $4.14 million, Bethesda, Maryland-based commercial real estate firm Finmarc Management Inc. announced Monday. The buildings comprise 51,000 square feet in Juliad Court, approximately one mile from state Route 17 and Interstate 95, and were leased to four tenants at the time of the […]

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