Regions Hampton Roads

Peninsula Town Center outparcel is sold

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A outparcel of Peninsula Town Center in Hampton has sold for $1.08 million.

The commercial real estate firm Cushman & Wakefield | Thalhimer said Prayosha Hampton Retail LLC purchased the land at 2033 Coliseum Drive from Peninsula Main VA LLC.

The buyer plans to develop the property into a 5,760-square-foot,  multitenant, retail building.

Rob Wright of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the purchaser. Dean Martin, David Tunnicliffe and Connie Jordan Nielsen, also with Thalhimer, represented the seller.

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