The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at over $2.5 billion, have announced the sale of a 317,400 square-foot, industrial warehouse located at 5700 Audubon Drive in Richmond, Virginia. The buyer is Easton & Associates.
Spanning nearly 16 acres, the distribution warehouse hosts 26’ ceiling and 15 dock high overhead doors with one grade level door. The facility offers easy access to Interstate 64 and the Richmond International Airport, providing a superior location within Richmond’s transportation infrastructure. The property offers the opportunity to expand the current building by an additional 100,000 square feet.
“With 317,400-square-feet of prime industrial space, the building has the capacity, the location and the logistical clout to provide a dynamic distribution or manufacturing resource for any kind of business,” said Igor Derbaremdiker, Senior Investment Manager for the Hampshire Companies. “With its location in the in the heart of Richmond’s most dominant and dynamic industrial submarket, this was ideal transaction for the buyer.”
CBRE represented The Hampshire Companies in this transaction.
About The Hampshire Companies
The Hampshire Companies is a full-service, private real estate firm based in Morristown, New Jersey. The Hampshire Companies is a vibrant, dynamic organization that combines creative vision and superior execution, thereby enabling it to create and enhance value in real estate investments. Additional information on The Hampshire Companies is available online at HampshireRE.com.
R&J Public Relations