Industries Commercial Real Estate

Blue Ridge Contractors buys 60,000-square-foot industrial building in Lynchburg for $1 million

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Blue Ridge Contractors LLC purchased a 60,000-square-foot industrial building on 10 acres in Lynchburg from Carter Bank and Trust for $1 million as an investment.

According to Cushman & Wakefield |Thalhimer, which brokered the sale, the property, the former Waytec building, is located at 1104 McConville Road in Lynchburg.

Blue Ridge plans to renovate the building and then lease the entire building or subdivide it for a combination of users.

Thalhimer’s George Lupton handled the sale negotiations on behalf of the buyer.

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