Cushman & Wakefield | Thalhimer is pleased to announce the sale of approximately 23 acres at 1840 and 1852 Mt. Pleasant Road in Chesapeake, Virginia.
Madison Capital Group Management LLC purchased the acreage from CFG Properties LLC – Three Gee’s Associates Inc. for $6,500,000 to operate the Blue Gate Boat & RV Storage division.
Janet Whitbeck of Cushman & Wakefield | Thalhimer handled the sales negotiations on behalf of the buyer and seller.
About Cushman & Wakefield | Thalhimer
Thalhimer was founded in 1913 and currently has offices in Richmond, Newport News, Virginia Beach, Fredericksburg, Roanoke, Charlottesville and Lynchburg, Virginia. The company has nearly 100 professional brokers and employs over 450 people. Thalhimer represents, on behalf of its clients, a property portfolio of 54 million rentable square feet, management of over 27 million square feet of commercial property and 10,000 multifamily units. In 2023, Thalhimer completed more than 1,800 transactions with a transaction volume of more than USD 1.7 billion. Thalhimer is the region’s leading provider of complete commercial real estate services, including corporate services, investment sales, tenant representation, project management, asset management, and the sale and lease of office, industrial and retail properties. To learn more, visit www.thalhimer.com.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenues of $9.5 billion from its core services of property, facilities and project management, leasing, capital markets and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.
