VIRGINIA BEACH, VIRGINIA, May 15, 2025 – Cushman & Wakefield | Thalhimer’s Capital Markets Group has represented the purchaser, Ellas Properties, LLC, in the acquisition of two Dollar General Marketplace properties in Maysville and Elm City, North Carolina.

The Maysville property, located at 1006 Main Street, is a newly constructed 12,687 square foot single-tenant property for which Dollar General recently signed a 15-year NNN lease. The Elm City location, at 6107 Town Creek Road, is a newly constructed 10,770 square foot single-tenant property for which Dollar General recently signed a 15-year NNN lease.

Ellas Properties, LLC acquired the assets through a 1031 tax-deferred exchange on May 15, 2025, for $4,011,000 from Glandon Forest Equity, LLC. Clark Simpson and Erik Conradi of Thalhimer’s Capital Markets Group in Virginia Beach represented the purchaser.

For Further Information Contact:
Clark Simpson
Senior Vice President, Capital Markets Group
+1 757 213 4144
clark.simpson@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 approximately 530 associates. Thalhimer represents, on behalf of its clients, a property portfolio of 54 million leasable square feet, management of more than 28 million square feet of commercial property, and nearly 12,000 multifamily units. In 2024, Thalhimer completed over 1,800 transactions with a transactional volume of more than $1.96 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.
Thalhimer’s Capital Markets Group is the region’s leading investment sales team made up of professionals focused solely on capital markets and the sale of income producing properties throughout Virginia. The team is experienced in office, industrial, retail and multi-family dispositions and since 2012 has completed 424 transactions totaling over $6.2 billion and over 66 million square feet.
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 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.
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