SOLD
Cushman & Wakefield Facilitates $2.3M Sale Of Chesapeake Office Building On 1.19 Acres By Parkway Executive Center To 325 Volvo Pkwy, LLC, With Retail Redevelopment Plans
325 Volvo Parkway
Office
11,892 SF
11,892 SF
Sold 332 days ago
Summary
Sale
VIRGINIA
Office
11,892 sqft
An office building located at 325 Volvo Parkway in Chesapeake, Virginia has been sold. The property, encompassing 11,892 square feet and situated on 1.19 acres, was purchased by 325 Volvo Pkwy, LLC from Parkway Executive Center for a total of $2,300,000. The transaction is notable as the buyers have plans for a retail redevelopment of the site.
Summary of Transaction Details:
- Property Type: Office
- Transaction Amount: $2,300,000
- Square Footage: 11,892 sq ft
- Address: 325 Volvo Parkway, Chesapeake, VA
- Market: Chesapeake, VA
Cushman & Wakefield | Thalhimer facilitated the sale of 325 Volvo Parkway. Representing the seller in the negotiation was Christine M. Kaempfe, while Wick Smith represented the purchaser.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Christine M. Kaempfe & Wick Smith
DATE: 06/20/2023
ADDRESS: 325 Volvo Parkway
MARKET: Chesapeake, VA
ASSET TYPE: Office ~ ACRES: 1.19
BROKERS: Christine M. Kaempfe & Wick Smith - Cushman & Wakefield
SALE PRICE: $2,300,000
SF: 11,892 ~ PPSF: $193
NOTE: Cushman & Wakefield | Thalhimer has facilitated the sale of 325 Volvo Parkway, an office building in Chesapeake, Virginia. The 11,892 square foot property situated on 1.19 acres was purchased by 325 Volvo Pkwy, LLC from Parkway Executive Center for $2,300,000 with plans for a retail redevelopment. Christine M. Kaempfe represented the seller in the sale negotiations, while Wick Smith represented the purchaser.View on map
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Address325 Volvo Parkway
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