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Norfolk warehouse sells for $9M

109,609-square-foot warehouse is leased to ATD

//June 10, 2022//

Norfolk warehouse sells for $9M

109,609-square-foot warehouse is leased to ATD

//June 10, 2022//

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A in has been sold for $9 million, announced June 6.

Selko Real Estate Ventures LLC purchased the 109,609-square-foot industrial building from NorfolkCo LLC as an investment. The property is leased to American Tire Distributors (ATD) as the company’s Hampton Roads tire warehouse and .

The warehouse is on 7.19 acres at 4554 Progress Road in the Norfolk .

Brett Sain of Cushman & Wakefield | represented the seller and Geoff Poston, also with Thalhimer, represented the buyer.

 

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