Industries Commercial Real Estate

Former site of Paradocks Restaurant sells for $1.1 million

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T2 Chesapeake Square purchased the former Paradocks Restaurant at 4124 Chesapeake Square Blvd. in Chesapeake for $1.1 million. The seller of the
9,000-square-foot retail property was the Bank of the Commonwealth. The property is being redeveloped for retail. Sentara has signed a 10-year lease, and a 4,000-square-foot-tenant is set to take the remaining space. Andy Stein and Troy Parker of Cushman & Wakefield | Thalhimer handled sale negotiations.

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