Va. Beach industrial property sells for $3M

Eimskip Logistics located in facility

Kate Andrews //June 20, 2021//

Eimskip Logistics located in facility

Kate Andrews // June 20, 2021//

Listen to this article

A 38,600-square-foot industrial building on 4.34 acres in Virginia Beach has been sold for $3,015,000, Cushman & Wakefield | Thalhimer announced last week.

The property at 1424 Baker Road was sold by Baker & Associates LLC to B&D Acquisitions as an investment. Geoffrey W. Poston of Cushman & Wakefield | Thalhimer handled negotiations on the purchaser’s behalf. Iceland-based Eimskip Logistics currently leases the building as one of its two main U.S. locations.

-

Related Content

Micron to invest $2.17B in Manassas expansion

Semiconductor company Micron Technology will invest up to $2.17 billion to expand its Manassas manufacturing [...]

December 30, 2024

GDIT wins $5.57B contract to upgrade military communications system

Falls Church-based General Dynamics Information Technology, a business unit of Reston Fortune 100 defense con[...]

December 20, 2024

Youngkin proposes eliminating tax on tips in Va. budget

Gov. Glenn Youngkin announced Monday a budget proposal to exempt service tips from Virginia’s state inc[...]

December 16, 2024

Business Facilities names Virginia 2024 State of the Year

Business Facilities has named Virginia its 2024 State of the Year, recognizing the state’s business env[...]

December 16, 2024

Following public outcry, Roanoke developer pulls rezoning application

It’s looking like the Old Poage Farm property, which today sits next to U.S. 221 in Roanoke County, wil[...]

December 13, 2024

NoVa, Hampton Roads housing markets improve in November

The Northern Virginia and Hampton Roads housing markets in November showed signs of improvement from the same[...]

December 13, 2024

Regions

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Select Region or Brand

Upcoming Event