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//

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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.

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