New Tenant Will Rebrand and Redevelop World-Class Modern Warehouse and Multi-Modal Logistics Center 

NORFOLK, VIRGINIA, August 22, 2022 – Cushman & Wakefield | Thalhimer is excited to announce the consummation of the long-term lease transaction with the Miller Group of Lambert’s Point Docks (“LPD”) at 100 Orapax St. in Norfolk, Virginia. 

Owned by Norfolk Southern Corporation, LPD is on one of the East Coast’s finest deep-water multi-modal facilities, offering unit train and double-stack rail service to the Midwest and beyond and port transload access via two 1,100-foot finger piers. The property is comprised of 122 acres, 20 miles of rail infrastructure, multi-commodity high volume transload facilities, and 1,100,000 square feet of industrial warehouse space. 

As part of the Miller Group’s new tenancy, Lambert’s Point Docks will now be rebranded Fairwinds Landing and partially repositioned to support Norfolk’s burgeoning offshore wind energy industry. The Miller Group will invest more than $100 million in buildings and infrastructure to transform the property into a maritime operations and logistics center. 

Geoff Poston, Senior Vice President at Cushman & Wakefield | Thalhimer, said, “Both Norfolk Southern and the Miller Group should be commended for their combined vision for such a tremendous site. The Commonwealth, Hampton Roads and Norfolk will benefit greatly from the capital investment, development, and job creation that will occur as a result of this transaction.”

“Fairwinds Landing represents one of the largest rail intensive, multi-modal redevelopment sites on the entire east coast. This transaction represents a significant win for both parties because Norfolk Southern will continue to provide premier rail service to the site and the Miller Group will use their expertise in real estate development to reinvigorate the park which will drive significant future economic development for the Commonwealth of Virginia,” added Michael Flynn, Director of Cushman & Wakefield’s Rail Advisory Group.

“The site offers unmatched deep-water access and port infrastructure.  I am looking forward to seeing this site reach full maritime potential,” noted Bill Throne, Senior Vice President at Cushman & Wakefield | Thalhimer and Co-Lead of Cushman & Wakefield’s Ports and Intermodal Advisory Group.

Geoff Poston, CCIM, SIOR and William C. Throne, CSCMP, CCIM, SIOR of Cushman & Wakefield | Thalhimer, along with Michael Flynn of Cushman & Wakefield’s Rail Advisory Group, handled the lease negotiations on behalf of the landlord, Norfolk Southern Corporation.

About Cushman & Wakefield | Thalhimer

Thalhimer was founded in 1913 and currently has offices in Richmond, Newport News, Virginia Beach, Fredericksburg, Roanoke, Charlottesville, and Lynchburg, VA. The company has nearly 100 broker professionals and employs over 425 associates. Thalhimer represents, on behalf of its clients, a property portfolio of over 55 million leasable square feet, and management of over 30 million square feet of commercial property, and over 10,000 multifamily units. In 2021, Thalhimer completed over 2,300 transactions with a transactional volume more than $2.2 billion.  Thalhimer is the region’s leading provider of comprehensive commercial real estate services. The firm offers 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 or follow @Thalhimer on Twitter.  
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and approximately 60 countries. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, and valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
-END-