Center Capital Partners Acquires Greenbrier Shallow Bay Industrial Portfolio In Chesapeake For $9.1M

The asset involved in the transaction is located at 909-913 Professional Place in Chesapeake, VA. This industrial property spans 6.65 acres and features a total square footage of 31,000. The sale was finalized on July 15, 2026, for a transaction amount of $9,100,000, resulting in a price per square foot of $294.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $9,100,000
• Address: 909-913 Professional Place
• Market: Chesapeake, VA
• Acres: 6.65
• Square Footage: 31,000
• Price per Square Foot: $294
• Seller: NPR Chesapeake Professional Place LLC
• Broker Representatives: Bo McKown & Eric Robison - Cushman & Wakefield

The transaction was facilitated by Center Capital Partners, through Terminal Logistics JV I, LP, who acquired the fully leased Greenbrier Shallow Bay & Industrial Outdoor Storage (IOS) Portfolio. This strategic acquisition highlights the ongoing activity and interest in the Chesapeake industrial property market.