Battlefield Corporate Center

Chesapeake, Virginia

Property Overview

  • Single story office/flex building totaling 96,720 square feet
  • Rear loading with ample truck courts
  • Located in Battlefield Business Park with easy interstate access
  • Close proximity to hotels, dining and shopping

Acquisition Details

  • Acquired this property in a joint venture with Iron Point Partners as part of a 16-building 1.64M square foot portfolio in December 2018 

Execution

  • Refinanced as a part of a larger portfolio in 2021
  • Downsized the existing single-tenant and renewed long term.  Backfilled the majority of the remaining vacancy
  • Completed capital improvements to include roof replacements and parking lot repairs
  • Sold as a part of a 5-building portfolio in February 2025 for $45M

Details

Location


535 Independence Way
Chesapeake, Virginia