Cushman & Wakefield | Thalhimer

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. https://bit.ly/49kYTFA

Thalhimer’s Richmond office volunteered through World Pediatrics to provide a pizza lunch for visiting families at the Ronald McDonald House at the Children’s Hospital of Richmond (CHoR), a World Pediatrics program partner. Reilly Marchant, champion for our Q4 partnership with World Pediatrics, coordinated the generous donation of 20 pizzas from Marco’s Pizza, while Thalhimer supplied dessert to complete the meal. Our team of volunteers enjoyed delivering the food, serving lunch, and spending meaningful time socializing with the families and staff in attendance. #ThalhimerGives #TeamThalhimer https://bit.ly/3LKGgkz

Cushman & Wakefield | Thalhimer is pleased to announce the sale of approximately 3 acres on North Hill Carter Parkway and England Street in Ashland (Hanover County), Virginia. Read More: https://bit.ly/4pgTpjX

Cushman & Wakefield | Thalhimer’s Capital Markets Group is pleased to announce the sale of a three-building multifamily assemblage totaling twelve apartment units located at 800–806 Kerner Avenue and 801–815 Roanoke Boulevard in Salem, Virginia. Read More: https://bit.ly/4pt0kXp

The Virginia Beach office proudly hosted its 12th Annual Pancake Breakfast and Food Drive in support of the Foodbank of Southeastern Virginia and the Eastern Shore. On Wednesday, November 12th, Clay Willis, successor to Clay Culbreth, kept the tradition alive by serving up hot pancakes for the team. The office collected 221 pounds of food—equivalent to 183 meals—along with $170 in monetary donations, all of which were presented to the Foodbank to help support local families in need. #ThalhimerGives #TeamThalhimer https://bit.ly/4nVYdtL

Cushman & Wakefield announced that it arranged the sale and financing of Eastport Industrial Park (“Eastport”), an eight-building, 1,068,995-square-foot Class A industrial portfolio in Richmond, Virginia. Rockpoint, a real estate private equity firm, acquired the property from Equus Capital Partners (“Equus”) for $142 million. Read More: https://bit.ly/48iXgqP

Cushman & Wakefield | Thalhimer is pleased to announce the sale of approximately 2.79 acres at Cloverleigh, 12880 Hull Street Road, in Chesterfield County, Virginia. Read More: https://bit.ly/43uWX9I

Cushman & Wakefield | Thalhimer’s Capital Markets Group has represented Prudent Growth Partners in the sale of The Shoppes at River Forest, a 30,070 square foot unanchored retail strip center located along Iron Bridge Road (VA Route 10) in Chester, Virginia. Originally constructed in 2007, the property is situated on ±3.65 acres and is shadow-anchored by the region’s second-highest-performing Walmart Supercenter. Read More: https://bit.ly/3WU39o4

Neighborhood centers continue to perform well in an evolving retail landscape increasingly influenced by online shopping, serving as community-focused destinations that meet daily needs. Designed for convenience, these centers are commonly anchored by a grocery store or drugstore and complemented by a mix of smaller retailers, services, and restaurants that typically cater to residents in the immediate area. Using Placer.ai foot traffic data, we identified the top 10 neighborhood centers in the Hampton Roads market based on the total number of visits in the past 12 months. Together, these centers drew more than 31.9 million visitors during that period, emphasizing their continued importance within the local retail landscape. Placer.ai leverages anonymous mobile location data to analyze consumer movement and behavior, providing valuable insight into retail performance across the country. Despite the continued rise of online shopping, in-person retail remains highly relevant, with neighborhood centers attracting steady traffic by emphasizing convenience, accessibility, and a balanced tenant mix. Learn More: https://bit.ly/4oDIBfO

This Veterans Day, Cushman & Wakefield | Thalhimer proudly recognizes the dedication and sacrifice of our nation’s veterans. Thank you for your service.