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Winchester industrial property sells for $12.2M
Building is 244,500 square feet
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A 244,500-square-foot industrial property in Winchester sold for $12.2 million, Marcus & Milichap announced Wednesday. The property is located at 310 Tyson Drive and was sold by Harrisonburg-based InterChange Group
Mich. company acquires Roanoke steel distributor
Alro Steel Corp. acquired Ace Steel
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Jackson, Michigan-based Alro Steel Corp. announced Monday it had acquired Roanoke-based Ace Steel Inc. Financial terms of the transaction were not disclosed. Founded in 1992, Ace Steel is a steel
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Shenandoah Valley races to develop industrial sites
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A flurry of recent industrial investment in the Shenandoah Valley has regional economic development officials eager to make new sites shovel-ready as companies put a premium on locations that will
Industrial space gets boost in Amherst
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Amherst County has received a $3 million federal grant to attract manufacturing firms with a new 45,000-square-foot, $4.6 million industrial facility. In September, the U.S. Department of Commerce announced that
Recent commercial real estate transactions around Virginia
Real estate sales transactions through Nov. 8
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S.L. Nusbaum Realty announced that HM Management LLC has purchased a 35,355-square-foot former assisted living facility on 0.45 acres located at 501 N. Allen Ave. in Richmond from Care GSL
Developer plans 800K-square-foot industrial building in Suffolk
Kansas-based Flint Development purchased land for $4.1M
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A Kansas-based industrial developer has purchased 72 acres in Suffolk for $4.1 million, with plans to construct an 813,721-square-foot logistics center by September 2022. Cushman & Wakefield | Thalhimer announced
30 acres in Chesapeake sells for $3.65 million
The industrial-zoned land is on the Southern Branch Elizabeth River
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Approximately 27.48 acres of industrial-zoned land along the Southern Branch Elizabeth River in Chesapeake sold for $3.65 million, Cushman & Wakefield | Thalhimer announced Wednesday. Agrium U.S. Inc. sold the
Va. Beach industrial property sells for $3M
Eimskip Logistics located in facility
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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
Chesapeake industrial/flex buildings sell for $61M
General Dynamics, Sentara among tenants
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A three-building industrial/flex office complex in Chesapeake has sold for $61 million, Cushman & Wakefield | Thalhimer announced Thursday. Washington, D.C.-based DSC Partners sold the property, which is 100% leased
Técnico Corp. buys Newport News building for $3M
Property is in Oyster Point Park
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An industrial building in Newport News’ Oyster Point Park was sold for $3.125 million, Cushman & Wakefield | Thalhimer announced this week. Técnico Corp. purchased the 53,414-square-foot building on 3.93