White Plaza LLC Purchases Industrial Properties In Newport News From Barber Property Management For $3.47M

A 31,339 square foot industrial property has been sold in Newport News, Virginia. The transaction involved a sale price of $3,472,200, addressing multiple addresses including 725 Industrial Park Drive, 737 Industrial Park Drive, and 12685 Mcmanus Boulevard. The price per square foot came to approximately $111.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,472,200
• Buyer: White Plaza LLC
• Seller: Barber Property Management, LLC
• Brokers: Clay Culbreth, Ellis Colthorpe & Taylor Anderson - Cushman & Wakefield

In this deal, White Plaza LLC acquired the industrial building, with Clay Culbreth acting as the representative for the seller, Barber Property Management, LLC. Taylor Anderson and Ellis Colthorpe provided advisory services to the buyer throughout the transaction.