11300 Business Center, LLC Acquires Industrial Property In Richmond, VA For $1.7M

An industrial property located at 11300 Business Center Drive in Richmond, VA has been sold for a total price of $1,700,000. The property spans 9,100 square feet, resulting in a price per square foot of $187. The transaction took place on April 24, 2023.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $1,700,000
• Address: 11300 Business Center Drive, Richmond, VA
• Square Feet: 9,100
• Price per Square Foot: $187

Cushman & Wakefield represented both parties in the transaction. The buyer, 11300 Business Center, LLC, acquired the property from the seller, AdvanceTEC. The brokers involved in the deal were Birck Turnbull, Graham Stoneburner, and David Crawford.