Cushman & Wakefield | Thalhimer Capital Markets Group Completes $61M Sale

CHESAPEAKE, Va. - May 27, 2021 - PRLog -- Cushman & Wakefield | Thalhimer's Capital Markets Group has represented the seller, Washington, D.C.-based DSC Partners, in the sale of Crossways Commerce Center I & II, a three-building, 525,082 square foot industrial/flex portfolio, situated in a 30-acre business park, located at 1545 Crossways Boulevard, 1449 Kristina Way and 1501 Crossways Boulevard in Chesapeake, Virginia. Crossways Commerce Center I & II is 100% leased to a diverse mix of tenants, including General Dynamics and Fiserv (fka First Data Resources), along with Sentara Healthcare, Safelite Fulfillment, Inc., Mid-Atlantic Engineering, and Regus.

A family office out of New Jersey acquired the asset on May 27, 2021, for $61,050,000 ($116/SF). The sale was completed by Eric Berkman in Cushman & Wakefield's Washington, DC office as well as Eric Robison of Cushman & Wakefield | Thalhimer's Capital Markets Group.

A family office out of New Jersey acquired the asset on May 27, 2021, for $61,050,000 ($116/SF). The sale was completed by Eric Berkman in Cushman & Wakefield's Washington, DC office as well as Eric Robison of Cushman & Wakefield | Thalhimer's Capital Markets Group.