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Parham Forest

Capital Markets Group Completes Sale of Parham Forest Industrial Park for $6.4M

RICHMOND, VIRGINIA: Cushman & Wakefield | Thalhimer’s Capital Markets Group has represented the seller in the sale of Parham Forest Industrial Park. The 68,097 square foot flex center is located at 2800-2852 E. Parham Road in Henrico County, VA. Remuda Forest Investment Company, LLC acquired the asset on December 9, 2019. The property is fully leased to a diverse group of tenants representing numerous industries including medical supply, residential construction, food services and security solutions and sold for a sale price of $6,456,600 ($95 per square foot). 
The sale was completed by Eric Robison who represented the seller in the transaction.  Gregg W. Beck, also with Thalhimer, represented the purchaser.  

Written on December 17, 2019