NORFOLK, VA (April 2021): S.L. Nusbaum Realty Co. is pleased to announce the sale of 835 Wilson Road in Chesapeake, VA for $2,400,000. Ben Leon and Sam Rapoport represented the seller, Burton Lumber Corporation. The property was under contract approximately 30 days after it came onto the market.
The 34,312 square foot industrial building on 4.79 acres was sold to Barnhart Crane and Rigging Company and served as the former headquarters of the Burton Lumber Corporation.
“The current industrial market in Hampton Roads offers a very limited supply of industrial properties with a large stabilized yard area, like that of the former Burton Lumber facility.” said Ben Leon. “We were pleased to be able to assist the ownership in facilitating the disposition of the property in a short period of time to the benefit of all parties.”
For more information, please contact: Ben Leon, Associate, 757.640.2272, bleon@slnusbaum.com or Sam Rapoport, Senior Associate, 757.640.5438, srapoport@slnusbaum.com.
With over 115 years of expertise in the real estate industry, S.L. Nusbaum Realty Co. manages, develops and provides sales and leasing services for shopping centers, apartment communities, office, industrial and investment properties throughout the Mid-Atlantic and Southeast.
