Regions Hampton Roads

Industrial building in Suffolk sells for $4 million

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Northgate Commerce Center LLC has purchased a 51,435-square-foot industrial building on 9.5 acres in Suffolk for $4 million as an investment.

According to Cushman & Wakefield | Thalhimer, the building at 1965 Northgate Commerce Parkway is leased by tenants Frito-Lay (PepsiCo) and Bon Secours Health System.

William Throne and Robert M. Thornton of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the buyer, and Ted Levin, also with Thalhimer, represented the seller.

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