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Chesterfield distribution center sells for $37.5M
Property is fully leased to Coca-Cola bottling subsidiary
A distribution center in Chesterfield County’s Meadowville Technology Park sold for $37.5 million in mid-March, according to county property records. Located at 1400 Digital Drive in Chester, the 353,044-square-foot distribution
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At max capacity
Shipping, logistics industries regroup amid high inventory
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Supply chain and logistics executives used to joke that no one knew or understood what their jobs were — that is, until the COVID-19 pandemic upended how goods were transported
Four Richmond-area distribution centers sell for $105.6M
Three Chesterfield, one Hanover facility are 100% leased
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A joint venture between Glen Allen-based Lingerfelt and Swiss private investment firm Partners Group bought three Chesterfield County distribution centers and one Hanover County facility for $105.6 million, Lingerfelt announced
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Familiar territory
Würth Revcar Fasteners sticks with Roanoke
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When it came time to select a new home for its corporate headquarters and distribution center, Würth Revcar Fasteners Inc., a company with Star City roots dating back to 1969,
Suffolk logistics center moves ahead
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Despite lingering community opposition, Suffolk officials remain committed to the Port 460 Logistics Center, a warehouse complex on Pruden Boulevard at the U.S. Route 58 interchange, a major freight corridor
M S International to open $61.6M Suffolk distribution center
California flooring, tile, countertops supplier expected to create 80 jobs
Published
M S International Inc. (MSI), a California-based flooring, countertop, wall tile and hardscaping products supplier, will invest $61.6 million to establish its East Coast distribution facility in Suffolk, a project
Food/beverage distributor to create 745 jobs in Caroline
World Class Distribution plans $275 million distribution center
Published
World Class Distribution Inc. (WCD Inc.) plans to build a $275 million, 1.2 million-square-foot distribution center in Caroline County that will create 745 jobs, Gov. Glenn Youngkin announced Wednesday. A
NY publishing company to expand in Orange County
Macmillan Publishers division will invest $26M, add 10 jobs
Published
MPS, a division of New York-based Macmillan Publishers, will invest more than $26 million to expand its distribution operation in Orange County, creating an estimated 10 jobs, the county announced
Chesapeake warehouse sells for $13.59M
Property is 100% leased to the U.S. Postal Service
Published
A 70,000-square-foot warehouse and distribution building in Chesapeake sold for $13.59 million in late July, Colliers announced Wednesday. Located at 3512 Business Center Drive in the Cavalier Industrial Park, the
Norfolk warehouse sells for $9M
109,609-square-foot warehouse is leased to ATD
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A warehouse in Norfolk has been sold for $9 million, Cushman & Wakefield | Thalhimer announced June 6. Selko Real Estate Ventures LLC purchased the 109,609-square-foot industrial building from NorfolkCo