Elk Hill Acquires 321 Hillsdale Drive Office Building In Charlottesville For $3.4M

Elk Hill has acquired a former office building located at 321 Hillsdale Drive, Charlottesville, VA, for $3.4 million. The property spans 26,600 square feet, translating to a price per square foot of $128.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $3,400,000
• Address: 321 Hillsdale Drive
• Market: Charlottesville, VA
• Square Footage: 26,600
• Price Per Square Foot: $128
• Brokers: Sam Orr & Brian Thomas - MacKenzie Commercial Real Estate Services; Jenny Stoner & John Pritzlaff - Cushman & Wakefield

This transaction involved brokers from two agencies, with Sam Orr and Brian Thomas representing MacKenzie Commercial Real Estate Services and Jenny Stoner and John Pritzlaff representing Cushman & Wakefield. The acquisition will enable Elk Hill to relocate and expand its specialized private day school and community counseling services.