Industries Commercial Real Estate

Norfolk building sold for $3.7 million

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Security Storage and Van Co. has bought an industrial building in Norfolk for $3.7 million.

The commercial real estate firm S. L. Nusbaum reported the sale.

The 124,677-square-foot structure sits on 4.64 acres at 3809 Progress Road.

The seller, Fairway Plaza Center LLC, was represented in the June sale by Stephanie Sanker and Bill Overman from S.L. Nusbaum.

Sam Rapoport (also from Nusbaum) and Sanker represented the buyer.
       
In Chesapeake during June, Chesapeake Capital Investments LLC bought a 14,250-square-foot industrial property, the firm said.

The building, which is located on one acre at 625 Innovation Drive, sold for $1.43 million.

The seller, Starling Brothers LLC,  was represented by Michael Myers.
       
Lake View Apartments LP has purchased six acres of land at 100 Aero Drive in Hampton from Langley Federal Credit Union for $1.2 million.

Bill Overman and John Wessling of S.L. Nusbaum represented the buyer.





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