
Industrial Property Sold in Norfolk for $2.63MM
NORFOLK, VIRGINIA: Cushman & Wakefield | Thalhimer is pleased to announce the sale of 3750 Progress Road in Norfolk, Virginia.
B&D Acquisitions LLC purchased the 36,902 square foot industrial/warehouse building, situated on 2.105 acres, from Melchor Enterprises for $2,638,250 as an investment. The property features two in-place tenants, dock and grade loading, and substantial paved and fenced yard area.
Geoff Poston, CCIM, SIOR of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of both parties.
Written on November 3, 2021