Recent real estate deals around Virginia
Sales transactions around the state through Nov. 1
- Cushman & Wakefield | Thalhimer represented the seller, LNR Property, in the $2 million sale of part of 260 Boush Street, a multiuse commercial and residential building in downtown Norfolk. Tidewater Community College is the purchaser of the 37,065-square-foot commercial space on the first floor, plus 99 parking spaces on the second floor of the 15-story building. The property is in downtown Norfolk with frontage along Boush Street, College Place and Tazewell Street. Tidewater Community College acquired the asset on Oct. 22. The transaction was completed by Rob Wright in Thalhimer’s Virginia Beach office with an assist from Eric Robison and Catharine Spangler of Cushman & Wakefield | Thalhimer’s Capital Markets Group.
- Cushman & Wakefield | Thalhimer announced the sale of 14300 Sommerville Court, located in Sommerville Office Park in Chesterfield County. Mitchell Scott Holdings LLC purchased the 11,904-square-foot flex building from Moseby Enterprises LLC for $1.85 million. Graham Stoneburner and Annie O’Connor of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the seller.
- Capital City Real Estate closed on the Commodore Apartments land for $1.74 million to construct 173 units. The property is located at 15 W. 7th St. in Richmond. Garrison Gore brokered the deal along with Charles Wentworth, Hank Hankins and Victoria Pickett, all from Colliers.
- Cushman & Wakefield | Thalhimer announced the sale of 4101 Plantation Road in Roanoke. Self Storage Stewardship Inc. purchased the 2.53-acre property, which includes a gas station, car wash and self-storage units, from VRH LLC for $1,070,000 as an investment. Barry Ward and Price Gutshall of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the seller.
Send any real estate transactions or news to Associate Editor Robyn Sidersky at [email protected]