E.T. Gresham Company Acquires Industrial Property In Norfolk For $3.9 Million

The industrial property located at 3489 Westminster Avenue in Norfolk, VA, spans 4.75 acres and features a total square footage of 90,725. The transaction was closed for a price of $3,900,000, resulting in a price per square foot of $43.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,900,000
• Address: 3489 Westminster Avenue
• Market: Norfolk, VA
• Asset Size: 4.75 Acres
• Square Feet: 90,725
• Price Per Square Foot: $43
• Buyer: E.T. Gresham Company, Incorporated
• Seller: Westminster Avenue Holdings, LLC
• Broker Representatives: Brett Sain & Geoffrey "Geoff" Poston - Cushman & Wakefield

E.T. Gresham Company, Incorporated completed the purchase of the property from Westminster Avenue Holdings, LLC, with representation provided by Brett Sain and Geoffrey "Geoff" Poston of Cushman & Wakefield. This transaction highlights the involvement of these key industry players in facilitating the deal.