VIRGINIA BEACH, VIRGINIA, August 12, 2024 – Cushman & Wakefield | Thalhimer is pleased to announce the sale of 5801 Lake Wright Drive in Norfolk, Virginia.

WRJ LW, LLC purchased the 47,690 square foot office building from 5801 Lake Wright Drive LLC for $5,400,000 to occupy for their defense contracting business; the property was originally built as the North American Headquarters for Zim Integrated Shipping Services Ltd. In 2001, ZIM expanded to a new headquarters building in Virginia Beach and the new buyer is expanding from a Virginia Beach relocation. The sale represents two major local Hampton Roads employers expanding locally in the post-pandemic environment.

Rob Wright of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the seller.

For Further Information Contact:
Rob Wright
Senior Vice President
+1 757 499 2896
rob.wright@thalhimer.com

About Cushman & Wakefield | Thalhimer
Thalhimer was founded in 1913 and currently has offices in Richmond, Newport News, Virginia Beach, Fredericksburg, Roanoke, Charlottesville, and Lynchburg, Virginia. The company has nearly 100 broker professionals and employs more than 450 associates. Thalhimer represents, on behalf of its clients, a property portfolio of 54 million leasable square feet, management of more than 27 million square feet of commercial property, and 10,000 multifamily units. In 2023, Thalhimer completed over 1,800 transactions with a transactional volume of more than $1.7 billion. Thalhimer is the region’s leading provider of comprehensive commercial real estate services, including corporate services, investment sales, tenant representation, project management, asset management, and the sale and leasing of office, industrial and retail properties. To learn more, visit www.thalhimer.com.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.
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