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BallentineLofts-FortTarLofts

Multifamily Properties Sell in Norfolk for $6.1M

NORFOLK, VIRGINIA: Cushman & Wakefield | Thalhimer is pleased to announce the sale of The Ballentine Lofts located at 2415 Ballentine Blvd., and The Fort Tar Lofts located at 1001 Monticello Avenue in Downtown Norfolk, Virginia. 
A California-based investor purchased the two multifamily properties for $6,100,000 as part of a 1031 tax-deferred exchange.  
Clark Simpson of Cushman & Wakefield | Thalhimer Capital Markets Group handled the sale negotiations on behalf of the seller. 

Written on November 2, 2020