Thalhimer Assists C&W in Sale of Suffolk Distribution Center
SUFFOLK, VIRGINIA: Cushman & Wakefield | Thalhimer is pleased to have assisted Cushman & Wakefield of Georgia’s Capital Markets team of Casey Masters and Stewart Calhoun in the recent brokerage of McDonald Development’s Virginia Commerce Center located at 375 Kenyon Road in Suffolk, Virginia.
Virginia Commerce Center, a 385,320 square foot class A distribution property situated on 44.49 acres, was purchased by CenterPoint Properties as an investment. Terms of the deal were not disclosed.
Bobby Phillips, SIOR and William Throne, CCIM, SIOR, ALC of Cushman & Wakefield | Thalhimer provided Virginia market and leasing support to Cushman & Wakefield, who handled sale negotiations on behalf of the seller.