NORFOLK, VA (September 2019) – S.L. Nusbaum Realty Co. is pleased to announce the sale of Riverside Corporate Center located at 240 Corporate Boulevard in Norfolk, VA.
The four-story, 90,000 square foot, Class A office building sits on 4.9514 acres at the intersection of I-264 and I-64 and North Military Highway.
The seller, FHC Property Holdings, LLC was represented by John M. Profilet, SIOR of S.L. Nusbaum Realty Co.
The property was purchased by Hampton Roads Connector Partners, a joint venture specializing in complex transportation projects. Chris Devine and Stephanie Sanker, CCIM, SIOR, also of S.L. Nusbaum Realty Co., provided buyer representation services in the acquisition.
Hampton Roads Connector Partners was recently awarded the contract for the upcoming Hampton Roads Bridge Tunnel Expansion Project, which will provide extensive, improved transportation infrastructure for the connection between Norfolk and Hampton, Virginia.
The new owner occupies of a majority of the building, however, approximately 12,000 square feet of space on the second floor is currently available for lease.
For more information, please contact: Chris Devine, cdevine@snusbaum.com, Stephanie Sanker, CCIM, SIOR ssanker@slnusbaum.com or John M. Profilet, SIOR, jprofilet@slnusbaum.com, S.L. Nusbaum Realty Co., 757.627.8611.
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.
