Innsbrook office buildings sold for $20.8M
Runymede buys Hamilton Beach, Waterfront Plaza buildings in Henrico
Virginia Beach-based The Runnymede Corp. has purchased the Waterfront Plaza office portfolio at Innsbrook Corporate Park in Henrico County for $20.8 million from Raleigh, North Carolina-based Highwoods Properties, Cushman & Wakefield | Thalhimer announced Wednesday.
The portfolio consists of two buildings: the 58,366-square-foot Hamilton Beach building, fully leased to Hamilton Beach Brands Inc.; and the 39,123-square-foot Waterfront Plaza, which is occupied by four tenants. The buildings are located at 4401 and 4421 Waterfront Drive in Henrico.
Built in 1986, the Hamilton Beach building is the headquarters for the international company, which markets, designs and distributes small home kitchen appliances as well as commercial restaurant equipment.
Eric Robison and Bo McKown of Thalhimer’s Capital Markets Group represented the seller.