VIRGINIA BEACH, VA. — Mercer Street Partners has acquired Corporate Center V, a 71,000-square-foot office building in Virginia Beach, for $9.9 million. Amerigroup Corp., a health insurance provider and wholly owned subsidiary of Anthem Inc., is headquartered at the building. Canal Capital Management arranged the transaction on behalf of Mercer Street Partners. Cushman & Wakefield | Thalhimer represented the undisclosed seller. Located at 4425 Corporation Lane within Corporate Center office park, the building is located within walking distance to Pembroke Mall and Town Center of Virginia Beach. The $608 million Town Center is home to more than 800,000 square feet of office space, 19 restaurants, apartment units, hotel rooms and more than 30 shopping and entertainment venues.
Mercer Street Partners Acquires Office Building in Virginia Beach for $9.9M