Industries Commercial Real Estate

Communications Test Design leases more than 70,000 square feet in Chesapeake

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Communications Test Design Inc. has leased 72,558 square feet of office, warehouse and lab space in Indian River Distribution Center at 2601 Indian River Rd. in Chesapeake.
The company, based in West Chester, Pa., is a global engineering, repair and logistics company that serves the communications industry.  CTDI recently landed a contract from Cox Communications in Hampton Roads that will be serviced from this location.  Bobby Phillips and Patrick Mumey of Cushman & Wakefield | Thalhimer handled lease negotiations on behalf of the landlord, Ashley Capital. One of the largest privately-held real estate investment companies in the U.S., New-York based Ashley has a portfolio of about 22 million square feet.


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