Norfolk distribution property sells for $1.3 million

Paula C. Squires //November 23, 2015//

Paula C. Squires// November 23, 2015//

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Colony Tire Corporation has purchased a 31,800-square-foot building from Young & Koetzle in Norfolk for $1.3 million.

According to Cushman & Wakefield | Thalhimer, Colony Tire plans to use the property at 3499 Inventors Road as a new location for its wholesale tire distribution operation.

Thalhimer’s Geoff Poston and William Throne handled the sale negotiations on behalf of the buyer.

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