Allan Myers VA, Inc Acquires Industrial Property From S&K Holding In Newport News | 1 Elmhurst Street | Clay Culbreth | Industrial | Sale

Summary

Sale

VIRGINIA

Industrial

21,600 sqft

The sale of 1 Elmhurst Street in Newport News, Virginia, involved an industrial property consisting of a 21,600-square-foot building situated on 8.93 acres of land. The transaction was completed for $3.2 million, resulting in a price per square foot of $148.

Summary of transation details:

Property Type: Industrial
Transaction Amount: $3,200,000
Address: 1 Elmhurst Street
Market: Newport News, VA
Buyer: Allan Myers VA, Inc
Seller: S&K Holding
Broker: Clay Culbreth - Cushman & Wakefield
Square Footage: 21,600
Price Per Square Foot: $148

Cushman & Wakefield | Thalhimer played a key role in facilitating the sale of the property, with Clay Culbreth representing both the seller, S&K Holding, and the buyer, Allan Myers VA, Inc.

Players

All
2

Agents
1
Agencies
1

Clay Culbreth

Senior Vice President

$26.5M Sold

Cushman & Wakefield

Details

Deal Summary

SOLD

IMAGE: 04/15/2024 ADDRESS: 1 Elmhurst Street MARKET: Newport News, VA ASSET TYPE: Industrial ~ ACRES: 8.93 BUYER: Allan Myers VA, Inc SELLER: S&K Holding BROKER: Clay Culbreth - Cushman & Wakefield SALE PRICE: $3,200,000 SF: 21,600 ~ PPSF: $148 NOTE: Cushman & Wakefield | Thalhimer facilitated the sale of 1 Elmhurst Street in Newport News, Virginia, to Allan Myers VA, Inc. The 21,600-square-foot industrial building, spanning 8.93 acres, was purchased for $3.2 million as an investment, with Clay Culbreth overseeing the negotiations on behalf of both the seller and the purchaser.

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Address1 Elmhurst Street

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