Seminole Trail Management Acquires Office Property In Virginia Beach For $12.2M

Located at 780 Lynnhaven Pkwy in Virginia Beach, VA, this office property has recently changed hands in a sale transaction. The property encompasses a total area of 78,619 square feet and was sold for a price of $12,200,000, resulting in a price per square foot of $155. The transaction was facilitated by Jason Oliver and Michael Divaris from Divaris Real Estate, Inc.

Summary of transation details

• Property Type: Office
• Transaction Amount: $12,200,000
• Square Footage: 78,619
• Price per Square Foot: $155
• Address: 780 Lynnhaven Pkwy, Virginia Beach, VA
• Market: Virginia Beach, VA

The buyer of the property is Seminole Trail Management, while the seller is CCP Commercial Real Estate. Jason Oliver and Michael Divaris, representing Divaris Real Estate, Inc., acted as the brokers in the transaction. This deal highlights the collaboration between these key individuals and companies, contributing to the successful completion of the sale.