Brite Electric Acquires Office Building In Norfolk, Virginia For $1.05M

An office property located at 5400 Robin Hood Road in Norfolk, Virginia has been sold for a price of $1,050,000. The property spans 10,867 square feet, resulting in a price per square foot of $97. The transaction took place on November 16, 2021 between the buyer, Brite Electric, and the seller, Day & Zimmerman. The sale was facilitated by Rob Wright and Dawn F. Griggs of Cushman & Wakefield | Thalhimer.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $1,050,000
• Address: 5400 Robin Hood Road, Norfolk, Virginia
• Market: Norfolk, Virginia

In this transaction, Brite Electric acquired the office property located at 5400 Robin Hood Road. Represented by Rob Wright and Dawn F. Griggs of Cushman & Wakefield | Thalhimer, Brite Electric successfully closed the deal with Day & Zimmerman as the seller.