Norfolk office building sells for $4.1M

The two-story building is in the Norfolk Industrial Park.

Sydney Lake //January 8, 2020//

The two-story building is in the Norfolk Industrial Park.

Sydney Lake// January 8, 2020//

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Norfolk-based Azalea 888 LLC purchased a two-story office building in Norfolk Industrial Park for $4.1 million, Cushman & Wakefield | Thalhimer announced Wednesday.

Azalea 888 purchased the property at 1151 Azalea Garden Rd. from Roseville, Calif.-based Asset Preservation Inc. in a deal that closed on Jan. 7. The 54,986-square-foot Class B office building sits on approximately 4 acres of land.

Other tenants of the industrial park include Bauer Compressors Inc., Vanguard Industries and Pepsi Bottling Group.

Janet Whitbeck of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the purchaser.

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