Becknell Industrial Plans New Airport Area Warehouse Complex

From Richmond Times-Dispatch: A four-building industrial warehouse complex is being planned for South Laburnum Avenue in eastern Henrico County.

Becknell Industrial, the Indianapolis-based developer of warehouse distribution centers across the nation, is developing the four-building site totaling 805,190 square feet at 6101 S. Laburnum Ave. — on property across the street from the Mondelez International plant.

The 60.59-acre tract at Laburnum Avenue and Seven Hills Boulevard had been owned by Ukrop’s Super Markets Inc.

Becknell Industrial Announces Acquisition of Airport Distribution Center

Chicago-based Becknell Industrial has completed the purchase of an 116,000 square foot multi-tenant distribution facility and 39.9 acres of land in the Airport Distribution Center located just outside of Richmond, Virginia in Henrico County’s East End. Cliff Porter handled the sale on behalf of the seller, Birmingham-based Graham & Company, who purchased the site in 2006. Becknell Industrial has retained Porter Realty Company as its exclusive agent for future development. Click here for the full release.

Hanover County Industrial Park Sells for $4.7MM

Hickory Hill Road Virginia LLC has purchased the 189-acre industrial site on Hickory Hill Road in Hanover County for $4.7 million. The Graymont Industrial Park was sold by Richmond-based Brooks Investment II Company LLC and Brooks Investment III Company LLC. Click here to read the announcement from Virginia Business.

Clifford B. Porter of Porter Realty Co. Inc. handled the marketing and sale negotiations for the seller.

VCU Purchases Diamond Area Industrial Site for $7.25M

Virginia Commonwealth University (VCU) has purchased the 5.83-acre industrial site at 1609 Sherwood Avenue in the City of Richmond from Bourne Enterprises LC for $7.25 million. The site contains a 173,580-square-foot existing industrial facility, partially occupied by West End Printing, which will relocate to a new location in eastern Henrico County. Bob Porter handled the marketing and sale negotations on behalf of the seller.

The acqusition is the latest for VCU in the Diamond area surrounding the Richmond baseball stadium as part of the unversity’s planned 40-acre athletic village. Click here to read the full announcement from Richmond Biz Sense.

Hanover Industrial Air Park Facility Sold for $2MM

TP Leadbetter LLC has acquired the 22,871-square-foot office/warehouse at 11046 Leadbetter Road in Hanover County from South Atlantic Properties Inc. for $2,000,000. The property was fully leased at the time of sale.

Kevin Cox handled the marketing and sale negotiations on the seller’s behalf.

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Richmond International Raceway Area Industrial Facility Sold

Sikes Properties of VA LLC purchased the 100,000 SF industrial facility located at 3801 Carolina Avenue in Henrico County from 3800 Carolina Holdings LLC. Dick Porter handled the marketing and sale negotiations.

Ashland Industrial Building Sells for $2.7MM

The 52,000-square-foot industrial building at 11250 Hopson Road in Hanover County has sold for $2,756,000. The building sits on more than 3.6 acres of land. Green Air Inc. purchased the property with plans to relocate its operation into 28,000 square feet of the building. Porter Realty’s Kevin Cox handled the marketing and sale negotiations on the seller’s behalf. Click here to read the full story at Virginia Business.

Hanover Industrial Air Park Office/Warehouse Facility Sold

10035 Sliding Hill Road LLC has purchased the 10,200 SF office/warehouse facility at 10035 Sliding Hill Road in Hanover County’s Industrial Air Park from Annue Laurie LLC. Kevin Cox handled the sale negotiations.

Chesterfield County Industrial Complex Sold for $2.225MM

POR Group VA LLC has acquired the two-building industrial complex at 15801 Happy Hill Road in Chesterfield County from Pre Con Inc. for $2,225,000. The property includes a total of 56,869 square feet on 4.61 acres with multiple dock and drive-in access points, a fenced loading area, and guardhouse on site. Immediate access to Interstate 95 is available at the Woods Edge Road exit.

Dick Porter and Cliff Porter handled the marketing and sale negotiations on the seller’s behalf.

Airport Area Industrial Facility Sold to VA Department of Transportation

VDOT, the Virginia Department of Transportation, has purchased the 62,362 SF office/warehouse facility at 5325 Glen Alden Drive in Henrico County from Steves & Sons Inc. VDOT plans to consolidate three warehouses in Henrico, Chesterfield and Petersburg, and will use the new facility to store repair parts and equipment as well as records and publications.

Cliff Porter handled the marketing of the facility and sale negotiations on the seller’s behalf, and also represented Steves & Sons in the purchase of a larger Airport area facility.

Route 10 Corridor Chester: Industrial Facility Sold

TMJ Storage has purchased the 21,144 SF office/warehouse facility at 1800 Coyote Drive in Chesterfield County from Village Bank. Byron Holmes handled the sale negotiations on the buyer’s behalf.

Hanover Industrial Air Park Office/Warehouse Sold to Cebelle Holdings

Cebelle Holdings Corporation has purchased the 20,584 SF office/warehouse facility at 10990 Leadbetter Road in Hanover County. Kevin Cox handled the marketing and sale negotiations on behalf of the seller.

Edgewood Properties Sells Hanover Industrial Air Park Facility

1328 W Marshall LLC purchased the 8,000 SF office/warehouse property at 10048 Whitesel Road in Hanover County from Edgewood Properties of VA. Kevin Cox handled the marketing and sale negotiations on the seller’s behalf.

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