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LS GreenLink USA site
Chesapeake
Virginia Business //June 30, 2026//
Location: 1213 Victory Blvd. (now 1 LS Way), Chesapeake
Land Price: $15.1 million
Assets/Description: 98.15 acres; site for 750,000-square-foot advanced cable factory
Closed: March 25, 2025
Buyer: LS GreenLink USA (subsidiary of LS Cable & System)
Seller: International Bio-Energy-Virginia Real Estate LLC
Buyer’s Advisers: S.L. Nusbaum Realty — Sam Rapoport; Belcon Advisors — Peter Belisle
Seller’s Advisers: Woods Rogers (legal); JLL (real estate)
The $15.1 million land sale to acquire 98.15 acres along the Elizabeth River in Chesapeake was relatively modest — but what LS GreenLink USA plans to build on it is anything but. The March 25, 2025, acquisition sets the stage for LS Greenlink to build a nearly $700 million, 750,000-square-foot advanced cable manufacturing facility, including a 660-foot tower that would be the tallest structure in Virginia. Sam Rapoport of S.L. Nusbaum Realty and Peter Belisle of Belcon Advisors provided buyer advisory services.
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