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Home News Hampton office building sells for $1.325M

Hampton office building sells for $1.325M

Temple Realty I LLC purchased property from Harrison & Lear Inc.

Published July 24, 2020 by Sydney Lake

2310 Tower Place. Photo courtesy Cushman & Wakefield | Thalhimer
2310 Tower Place. Photo courtesy Cushman & Wakefield | Thalhimer

An office building in Hampton has sold for $1.325 million, Cushman & Wakefield | Thalhimer announced Monday. 

Located at 2310 Tower Place, the 13,500-square-foot property was purchased by Temple Realty I LLC, which will partially occupy the building. Real estate company Harrison & Lear Inc., which sold the property, will also remain in the building as a tenant. 

The building had been long occupied by Coldwell Bankers, leasing 6,000 square feet of the building, while Harrison & Lear also occupied 6,000 square feet. When Coldwell and Harrison & Lear occupied the building, there was 1,500 square feet of vacant space, says Andy Dallas of Cushman & Wakefield | Thalhimer, who handled the sale on behalf of the seller. 

“Prior to closing, Coldwell Banker vacated and the buyer, Temple Realty, plans to occupy their 6,000 square feet, and … Harrison & Lear will remain,” Dallas says. It is not yet determined whether Temple Realty will occupy the vacant 1,500 square feet of space or find a tenant to fill the space, Dallas says.

Dallas and Teresa Nettles of Cushman & Wakefield | Thalhimer handled the sale on behalf of the seller.

 

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