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Warehouse portfolio in Chesapeake sells for $24M
334,881-square-foot industrial portfolio is fully leased
The Port of Virginia Distribution Center, a two-building, 334,881-square-foot industrial portfolio in Chesapeake, has changed hands. Chesapeake Industrial Park LLC acquired the property at 2620-2626 Indian River Road for $24
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German manufacturer to add 100+ jobs in Chesterfield
Weidmüller Group to invest $16.4M in expansion
Published
Germany-based Weidmüller Group will invest $16.4 million to expand its operations in Chesterfield County, creating more than 100 full-time jobs, Gov. Glenn Youngkin announced Tuesday. Weidmüller Group provides smart industrial
Petersburg industrial building sells for $4.6M
Building once housed Pepsi headquarters
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An industrial building in Petersburg that once served as the tri-cities headquarters for Pepsi has sold for about $4.6 million, One South Commercial announced Wednesday. An entity connected with Waukeshaw
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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
Japanese warehouse company to build facility in Chesapeake
$14 million investment, 25 jobs expected
Published
A Tokyo-based transportation and warehousing company will invest $14 million to establish a warehouse and distribution facility in Chesapeake, creating 25 jobs, Gov. Glenn Youngkin announced Thursday. Nakano Warehouse &
Norfolk industrial property sells for $7.3M
Building is 100% leased
Published
A 60,900-square-foot industrial property in Norfolk has been sold for $7.3 million, Colliers announced Sept. 20. Miami-based Jewell Capital LLC acquired the Brookside Industrial building, 4840 Brookside Court, from Maryland-based Hemsman
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
Chesapeake industrial building sells for $10.2M
152,180-square-foot building is fully leased
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A 152,180-square-foot industrial property in Chesapeake has sold for $10.275 million, S.L. Nusbaum Realty Co. announced in July. Chesapeake Dexter St West LLC purchased the property, located at 101 Dexter
ODU and IALR to launch manufacturing engineering tech degree
ODU to offer 4-year degree on Norfolk campus and IALR satellite campus
Published
Old Dominion University will launch Virginia’s first four-year degree in manufacturing engineering technology (MfgET) at its Norfolk campus and a satellite campus at The Institute for Advanced Learning and Research
Recent commercial real estate sales in Virginia
Sales through Jan. 10
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Central Virginia An 8,540-square-foot mixed-use building in Lynchburg sold for $1.3 million. Built in 2018, the property, located at 1285 Enterprise Drive, includes three two-bedroom, two-bathroom apartments and two first-floor