October 26, 2020
Cushman & Wakefield has secured a $38.1 million in acquisition financing for a four-property industrial portfolio in Suffolk and Chesapeake, VA.
The 655,852-square-foot portfolio is fully leased and includes Class A, shallow bay properties. Three of the properties are located at 6900-6950 Harbour View Boulevard in Suffolk and one property is located at 2601 Indian River Road in Chesapeake.
Michael Ryan, Brian Linnihan, Richard Henry and Blake Cohen of Cushman & Wakefield secured the financing through lender Nationwide Insurance Co. The borrower was private real estate investment fund manager Equus Capital Partners.
For comments, questions or concerns, please contact David Cohen