Va. Beach office building sells for $4.25M
11,967-square-foot-building is at Oceanfront
A Virginia Beach office building has sold for $4.25 million to Sharanya Ventures LLC, Cushman & Wakefield | Thalhimer announced Monday.
Located at 3704 Pacific Ave., at the Oceanfront, the 11,967-square-foot building, which is 100% leased, was sold by York Street Suites Inc. The three-story building was built in 2003 and sits on about half an acre of land.
The building is occupied by long-term tenants including attorneys Bischoff & Martingayle PC and investment firm Edward Jones.
Rob Wright of Cushman & Wakefield | Thalhimer handled sale negotiations on behalf of the seller. Jason Oliver, and Rachel Salasky of Divaris Real Estate’s Investment Sales Group, represented the buyer.