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Newport News office building sells for $2.87M
Electronics firm to vacate Oyster Point Park building
Newport News office building sells for $2.87M
Electronics firm to vacate Oyster Point Park building
A Newport News office building has sold for $2.875 million, Cushman & Wakefield | Thalhimer announced in February.
Sashe LLC purchased the 24,526-square-foot office building at 11839 Rock Landing Drive in Oyster Point Park. Cushman & Wakefield | Thalhimer declined to disclose the seller.
The building is currently occupied by Engineering Development Laboratory Inc., an electronics manufacturing services firm that populates and tests printed circuit boards. The company has been in the building since 2002, when it was built, and will remain there for only a limited time following the sale, Steve Patterson, EDL’s managing director, told Virginia Business.
Teresa Nettles and Clay Culbreth, of Cushman & Wakefield | Thalhimer, handled negotiations on behalf of the seller.
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