RICHMOND, VIRGINIA: Cushman & Wakefield | Thalhimer’s Capital Markets Group has represented the seller in the sale of Windsor VI, a class A fulfillment center totaling 51,800 square feet, located at 8575 Magellan Parkway within the Windsor Business Park in Richmond, Virginia.
Windsor VI, a single tenant net leased industrial property built in 2004 is fully occupied by Williamson Drug, a CVS Health Corporation subsidiary, and is one of six buildings within the 62 acre Windsor Business Park. The tenant has a long term lease at Windsor VI and has been in the building since 2005.
The Purchaser, Rich Uncles of Los Angeles, CA acquired the asset on July 20, 2017 for $7,400,000 ($143 psf) from an affiliate of Fernau LeBlanc Investment Partners of Bethesda, Maryland. The sale was completed by Eric Robison, Senior Vice President of Cushman & Wakefield | Thalhimer’s Capital Markets Group in Thalhimer’s Richmond office.