Palindrome Holdings LLC Purchases Industrial Building In Richmond For $1.8 Million With David Crawford As The Broker

The property asset involved in the transaction is an industrial building located at 1811 Roseneath Road in Richmond, VA. The sale price for this asset was $1,800,000. The building has a total size of 5,360 square feet and a price per square foot of $336.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,800,000
• Buyer: Palindrome Holdings, LLC
• Seller: 1811 Roseneath LLC
• Broker: David Crawford - Cushman & Wakefield | Thalhimer
• Market: Richmond, VA
• Square Footage: 5,360
• Price per Square Foot: $336

Palindrome Holdings, LLC acquired the property with plans to convert the industrial building to retail use. Cushman & Wakefield | Thalhimer represented Palindrome Holdings in this transaction, facilitating the agreement between the buyer and seller.