Updated Sep 1, 2026
Connor Brophy Of Catalyst Acquires Industrial Property In Richmond For $4 Million
2300 Deepwater Terminal Road
$4,000,000
$160/SF
Building Size
25,000 SF
Asset Type
Industrial
Closing
Aug 24, 2026
About this deal
AI
This industrial property, located at 2300 Deepwater Terminal Road in Richmond, VA, has been sold for $4,000,000. The asset encompasses a total area of 25,000 square feet, resulting in a price per square foot of $160.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,000,000
- Address: 2300 Deepwater Terminal Road
- Market: Richmond, VA
- Square Footage: 25,000
- Price per Square Foot: $160
- Buyer: Connor Brophy - Catalyst
- Seller: Lauren Blake
- Broker: Jack Zalta - KSR
- Tenant: Equipment Share
This transaction involved key individuals, including Connor Brophy representing Catalyst as the buyer and Lauren Blake as the seller. Jack Zalta from KSR acted as the broker facilitating this sale.
On the Map
$4,000,000
$160/SF
Industrial
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Players
Richmond Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93