Virginia Beach building sells for $1.84M

Kate Andrews //November 22, 2019//

JFS Real Estate LLC has paid $1.84 million to acquire a Virginia Beach office/warehouse building that will house tenants Conte Bicycle Group LLC and Hospital Warehouse LLC, Cushman & Wakefield | Thalhimer announced Friday.

Nicholson Properties LLC sold the 20,400-square-foot building at 2028 Virginia Beach Boulevard, with Thalhimer representing both the purchaser and the seller.

Conte’s Bike Shops is headquartered in Virginia Beach and has 13 bicycle stores in Virginia, Florida and Washington, D.C., and Hospital Warehouse is a pre-used medical equipment store based in Virginia Beach.

Janet Whitbeck handled negotiations on behalf of the purchaser, and Geoff Poston represented the seller.

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