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Home News Va. Beach industrial property sells for $3M

Va. Beach industrial property sells for $3M

Eimskip Logistics located in facility

Published June 20, 2021 by Kate Andrews

1424 Baker Road in Virginia Beach. Photo courtesy Cushman & Wakefield | Thalhimer

A 38,600-square-foot industrial building on 4.34 acres in Virginia Beach has been sold for $3,015,000, Cushman & Wakefield | Thalhimer announced last week.

The property at 1424 Baker Road was sold by Baker & Associates LLC to B&D Acquisitions as an investment. Geoffrey W. Poston of Cushman & Wakefield | Thalhimer handled negotiations on the purchaser’s behalf. Iceland-based Eimskip Logistics currently leases the building as one of its two main U.S. locations.

 

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Trending

Norfolk’s MacArthur Center mall listed for sale

Making strides

Fort Monroe development moving forward

It’s back!

Danville lacks housing options for workforce

Sponsored Stories

What Logistics issues will have the biggest impact on you in 2023?

In the New Year, Aim for Better Cybersecurity

4 innovative ways to create capacity

WHERE IS THE SUPPLY CHAIN WHEN YOU NEED IT?

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5 Benefits of Treasury Management Services from Atlantic Union Bank

Blazing trails in the digital landscape

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