Industries Commercial Real Estate

Two industrial buildings sell in Hampton Roads

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A 167,000-square-foot industrial building on 15.29 acres in Norfolk has sold for $5 million. The buyer, 6969 Tidewater LLC, bought the building at 6969 Tidewater Drive. Stephanie Sanker with S. L. Nusbaum Realty Co.  represented the buyer.

In another transaction for Nusbaum, The Edmonds Co. sold a 26,682-square-foot industrial building at 1493 London Bridge Road in Virginia Beach for $1.8 million. Sanker and Ashley Bussey represented the seller.

R and J Motel Management has purchased 8.3 acres located at 220 Rainbow Lane in Chesapeake from WP-Chesapeake Health Investors LLC for $1.4 million. Nusbaum’s Bill Overman, John Wessling and Chris Devine represented the buyer.

In a new lease transaction, Big Lots leased 42,500 square feet of retail space at JANAF Shopping Yard in Norfolk. Michael Gurley represented the landlord.




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