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Industrial Property Sells for $13.45M in Virginia Beach

VIRGINIA BEACH, VIRGINIA, November 1, 2025 – Cushman & Wakefield | Thalhimer is pleased to announce the sale of 524 Viking Drive in Virginia Beach, Virginia.

Selko Real Estate Ventures LLC purchased the 150,640 square foot industrial/manufacturing building, situated on 15.03 acres, from Hermes Abrasives for $13,450,000 as an investment.

Geoff Poston, SIOR and Brett Sain, SIOR of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the purchaser.

For Further Information Contact:
Geoff Poston, SIOR
Senior Vice President, Managing Broker
+1 757 213 4161
geoff.poston@thalhimer.com

Brett Sain, SIOR
First Vice President
+1 757 213 4153
brett.sain@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. 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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Written on November 13, 2025