Greenbrier Circle
Corporate Center

Chesapeake, Virginia

Property Overview

  • Two flex/industrial buildings totaling 232,671 square feet
  • All dock loading and ample truck courts
  • Located in Greenbrier 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
  • Completed over 180,000 square feet of new and renewal leasing to stabilize the rent roll
  • 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


825 Greenbrier Circle and 1801 Sara Drive, Chesapeake, Virginia