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Washington DC & Mid-Atlantic  + DC Metro  + Industrial  |  May 28, 2021
David Cohen
By: David Cohen

CushWake Brokers $61M Sale of Hampton Roads Industrial Portfolio

Cushman & Wakefield has brokered the $61 million sale of Crossways Commerce Center I & II, a three-building, 525,082-square-foot industrial/flex portfolio in Virginia’s Hampton Roads region.

Located at 1449 Kristina Way and 1501 and 1545 Crossways Blvd., the properties were 100 percent leased at the time of sale to a tenant roster that included General Dynamics, Fiserv, Sentara Healthcare, Safelite Fulfillment Inc., Mid-Atlantic Engineering and Regus.

Eric Berkman of Cushman & Wakefield’s Washington D.C., office as well as Eric Robison of Cushman & Wakefield | Thalhimer, represented the seller in the transaction, DSC Partners. A Heritage Capital acquired the property.

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Inside The Story

CushWake’s Berkman

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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