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5601 Eastport Boulevard

Rockpoint Group Acquires Eastport Industrial Park In Richmond For $142 Million From Equus Capital Partners
SOLDIndustrial

Rockpoint Group Acquires Eastport Industrial Park In Richmond For $142 Million From Equus Capital Partners

5601 Eastport Boulevard & 5699 Eastport Boulevard

$142,000,000

$66/SF

Building Size

2,137,990 SF

Asset Type

Industrial

Closing

Nov 5, 2025

AI

The industrial property located at 5601-5699 Eastport Boulevard in Richmond, VA, encompasses 86 acres and has a sale price of $142,000,000. This property, consisting of eight buildings and a total square footage of 1,068,995, is part of the Eastport Industrial Park, which is currently 97% leased.

Summary of transaction details:

Cushman & Wakefield facilitated the sale and arranged financing for the acquisition. The property will be managed by Rockhill Management and Rockpoint Industrial post-acquisition.

Players

John Alascio

Cushman & Wakefield

Broker

$5.4B

vol

58 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage
Rockpoint Group
Rockpoint GroupBuyer
Equus Capital Partners
Equus Capital PartnersSeller

Henrico Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.11%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93