REBusinessOnline

VIRGINIA INDUSTRIAL FACILITY SELLS FOR $4 MILLION

PETERSBURG, VA. — Triple G East has purchased a 113,000-square-foot industrial facility in Petersburg, from KHJ Dinwiddie, for $4 million. The property is located at 25651 Simpson Rd. and will be converted to an auto parts facility. Jeffrey Cooke and Gregg Beck of Thalhimer | Cushman & Wakefield’s Richmond, Va., office represented the seller, and the buyer was represented by Chip Louthan and Bill Mattox of Richmond-based Grubb & Ellis | Harrison & Bates.

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