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October 26, 2020 Comments Off on CushWake Arranges $38M Acquisition Financing for Virginia Industrial Portfolio Views: 575 D.C. Metro News, Top Washington, D.C., Washington, D.C. News

CushWake Arranges $38M Acquisition Financing for Virginia Industrial Portfolio

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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.

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