News and
Blog

News and
Blog

Capital Markets Group and Industrial Services Complete $9.3M Sale-Leaseback of Manufacturing & Distribution Facility in Chesterfield County, Virginia

RICHMOND, VIRGINIA, July 1, 2024 – Cushman & Wakefield | Thalhimer’s Capital Markets and Industrial Services Groups have represented Fort Darling Partners, LLC in the sale-leaseback of 8401 Fort Darling Road in Chesterfield County, Virginia.

The highly functional, mission-critical manufacturing and distribution facility comprises 114,714 square feet on approximately 5.2 acres. Market-leading hot tub and swim spa manufacturer Barefoot Spas leases 100% of the property, which is located directly off of I-95, the East Coast’s main distribution corridor.

MH III Fort Darling LLC acquired the asset on July 1, 2024, for $9,300,000. The sale-leaseback was a collaborative effort between Thalhimer’s Industrial Services Group and Capital Markets Group completed by Graham Stoneburner, SIOR, Bo McKown, and Chrissy Chappell.

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.
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 388 transactions totaling over $5.65 billion and over 62.5 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 approximately 400 offices and 60 countries. In 2022, the firm reported revenue of $10.1 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), Environmental, Social and Governance (ESG) and more. For additional information, visit www.cushmanwakefield.com.
-END-

Written on July 11, 2024