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Washington DC  + DC Metro  + Industrial  |  March 10, 2023
Cushman & Wakefield | Thalhimer has represented the seller in the $21.8-million disposition of seven warehouses leased to Lansing Building Products.
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By: Lisa McDuffie

Cushman & Wakefield | Thalimer Brokers $22M Sale of Seven-Property Industrial Portfolio

Richmond, VA-based Cushman & Wakefield | Thalhimer has represented the seller in the $21.8-million disposition of an industrial portfolio consisting of seven warehouses leased to Lansing Building Products.

Eric Robison of Cushman & Wakefield | Thalhimer’s capital markets group, along with Rett Turner of Thalhimer’s global occupier services multi-market team, handled the negotiations. B&D Holdings acquired the assets.

The portfolio ranges from 20,000 to nearly 50,000 square feet per property for a total of 209,883 square feet with an average office component of 11% and 89% warehouse.

The properties in the portfolio consist of:

  • 12661 McManus Boulevard in Newport News, VA, 47,664 square feet
  • 3644 Village Avenue in Norfolk, VA, 40,050 square feet
  • 3856 Wesley Street, Myrtle Beach, SC, 20,300 square feet
  • 125 Commerce Boulevard, Statesville, NC, 20,325 square feet
  • 208 Antilles Court, Wilmington, NC 25,200 square feet
  • Ogden, UT, 2968 American Way, Ogden, UT 28,500 square feet
  • 500 N. Ann Arbor Avenue, Oklahoma City, OK, 27,844 square feet
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Inside The Story

Cushman & Wakefield | Thalhimer's Robison

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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