Hanoverlovestheproperty LLC Acquires Former Tyson Foods Plant In Glen Allen For $5 Million

The transaction involved a commercial property located at 13264 Mountain Road in Glen Allen, VA, encompassing 53 acres. The asset, formerly a Tyson Foods plant, was purchased for $5 million, with a total square footage of 208,000, resulting in a price per square foot of $24.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $5,000,000
• Address: 13264 Mountain Road
• Market: Glen Allen, VA
• Acres: 53
• Square Footage: 208,000
• Price Per Square Foot: $24
• Buyer: Hanoverlovestheproperty LLC
• Seller: Tyson Farms Inc
• Broker Representation: Graham Stoneburner, Danny Holly & Chrissy Chappell - Cushman & Wakefield

Cushman & Wakefield represented the seller, Tyson Farms Inc., in this transaction, facilitating the sale of the former plant by connecting the buyer, Hanoverlovestheproperty LLC, with the seller while ensuring all contractual agreements were effectively managed.