Milmar Holdings acquires two industrial assets in Chesterfield County for $3.5 million

Published January 23, 2017 by Jessica Sabbath

Milmar Holdings LLC has purchased two industrial assets in the Oaklake Business Park in Chesterfield County for $3.5 million.

Milmar purchased the single tenant, net-leased assets from Manakin Holdings LLC, which was represented by Cushman & Wakefield | Thalhimer’s Capital Markets Group.

Catharine Spangler handled sale negotiations while Matt Braun assisted in the transaction and in lease negotiations with the current tenants.

In another sales transaction, Cushman & Wakefield | Thalhimer announced  that Alliance Machine and Engraving has purchased a 22,500-square-foot warehouse property in Ashland for $1.45 million.

The company will use the property at 10190 Maple Leaf Court for its business. Braun handled the sale negotiations on behalf of the seller.