Richmond building sold for $1.3 million

Robert Powell, III //October 20, 2014//

Robert Powell, III// October 20, 2014//

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ROWVA Properties LLC has bought a 38,976-square-foot building in Richmond for $1.3 million.

The commercial real estate company Cushman & Wakefield | Thalhimer said the freestanding three-story building at 501 Oliver Hill Way was purchased from Richmond Art Colony LLC as an investment.

Connie Jordan Nielsen of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the buyer.

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