JCP represented an investment partnership in purchasing a multi-building 16,000 square feet distribution warehouse at Arkansas Avenue in Norfolk, Virginia in a sale lease-back transaction. The existing seller needed to continue to occupy the property until they could build a new facility which eventually took several years to complete. The buildings were subsequently leased to multiple tenants.
JCP represented the purchaser in acquiring 81,400 square feet of distribution warehouse at 2505 Aviator Drive in Virginia Beach, Virginia. The Purchaser is a government contractor in the logistics and supply business.
JCP represented the purchaser in acquiring 7.148 acres of industrial land at Aviator Drive in Virginia Beach, Virginia for the development of an 80,000 square foot distribution center. The Purchaser is a government contractor in the logistics and supply business.
JCP represented an investment partnership in acquiring 45,109 square feet of industrial buildings on Wyoming Avenue in Norfolk as a multi-tenant leased investment. JCP oversaw the renovation of the property into multiple leasable units.
JCP represented the seller in the disposition of 20,800 square feet of flex space at Squadron Court in Virginia Beach, Virginia to 5040 Sadler Place LLC as a leased investment. This transaction included a master lease provision as a protection for the purchaser.