SALEM, VIRGINIA, October 8, 2025 – Cushman & Wakefield | Thalhimer’s Capital Markets Group represented the purchaser in the acquisition of a 170,000 square foot distribution facility, situated on 8.65 acres, at 1100 Intervale Drive in Salem, Virginia.

The industrial asset is 100% leased by ReaderLink Distribution Services, LLC, the largest full-service distributor of hardcover, trade and paperback books to non-trade channel booksellers in North America. The mission critical facility sits directly off Interstate 81 and serves as ReaderLink’s Northeastern & Mid-Atlantic distribution hub. ReaderLink sells one third of all printed books published for the general public in the United States and has been a tenant at the property for approximately 25 years.

The sale closed on October 8, 2025, for $11,550,000. Bo McKown of Thalhimer’s Capital Markets Group represented the purchaser. Davis Stoneburner with Thalhimer’s Industrial Services Group will provide leasing advisory for new ownership.

For Further Information Contact:
Bo McKown
Senior Vice President, Capital Markets Group
+1 804 697 3420
bo.mckown@thalhimer.com

Matt Raggi
Principal, Thalhimer Realty Partners, Inc.
+1 804 344 7149
matt.raggi@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.

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 424 transactions totaling over $6.2 billion and over 66 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 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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