Industries Commercial Real Estate

Newport News building sold for $3.75 million

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Solo Inc. has bought a 64,264-square-foot building in Newport News for $3.75 million.

The commercial real estate firm Cushman & Wakefield | Thalhimer reported the sale of the office/warehouse building 201 Enterprise Drive.

Solo plans to occupy the building, which sits on 10.7 acres. The company makes sprayers, mist blowers, air blowers and cut-off saws plus parts and accessories.

The seller was DCD-201 Enterprise LLC.

Clay Culbreth of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the purchaser. 

William W. Hamner Jr., president and COO of Hamner Development Co., handled the negotiations on behalf of the seller.

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