IBP Property LLC Purchases Portfolio Of Richmond Industrial Properties For $6 Million

1/18/18

Colliers International in Richmond reports a trio of industrial sales. The largest one involved Columbia, Ohio-based IBP Property LLC purchasing a portfolio of properties totaling 81,150 square feet in Richmond for $6 million. The properties are located in the Interstate Business Park on Saunders Avenue and the Interchange Corporate Center on Gaskins Road. Colliers’ Chris Wallace, Jason Hetherington and Marshall Burke represented the seller in transaction.

In other transactions for Colliers:

1519 Summit LLC purchased 45,000 square feet of industrial property at 1519 Summit Ave. and 3015 Moore St. in Richmond for $2.7 million from FastBird LLC. Ken Barnhill and Chip Louthan handled the transaction on behalf of the seller.

Doswell Ventures LLC purchased a portfolio of industrial properties totaling 53,294 square feet for $2.6 million from Clayman Investments. The properties are located on Wilden Drive, Tomylnn Street and Granite Springs Road in Richmond. Bill Mattox, Hetherington and Burke represented the seller in this transaction.

READ FULL ARTICLE HERE

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.