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661 Independence Parkway. Photo courtesy Colliers
Nov 17, 2020

Chesapeake office building sells for $4.25M

An office building in Chesapeake has sold for $4.25 million, Colliers International announced Monday. Located at 661 Independence Parkway, the 50,000-square-foot Class A office building sits on more than 11 acres in the Battlefield Commerce Park area. Matsushita Real Estate Corp. of America sold the property to Hooked Group LLC, which plans to occupy part […]

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 […]

Chesapeake Family Dollar. Photo courtesy Cushman & Wakefield | Thalhimer
Nov 16, 2020

Chesapeake Family Dollar property sells for $1.78M

A Family Dollar store property in Chesapeake sold for $1.78 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Monday. Located at 3736 Ahoy Drive, the 8,320-square-foot retail property was net leased to Family Dollar. TRC Chesapeake sold the property, which it bought in July 2019, according to Chesapeake property records.  SMI Investment II […]

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