New owner to upgrade property
Robyn Sidersky //January 12, 2024//
New owner to upgrade property
Robyn Sidersky// January 12, 2024//
An industrial warehouse building in Suffolk has a new owner.
American Industrial purchased the 256,800-square-foot industrial warehouse building on 11.6 acres from Nansemond Cold Storage for $7.5 million, according to a Dec. 29, 2023, Cushman & Wakefield | Thalhimer news release.
American Industrial will upgrade and improve the property, which is located at 115 Dill Road, to meet demand for mid-sized distribution space starting at 36,000 square feet.
William C. Throne, of Cushman & Wakefield | Thalhimer, handled sale negotiations on behalf of the seller.
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