Colliers International represented the Virginia Pilot Media Companies in the sale of 5457 Greenwich Road, Virginia Beach to Tempus Virginia Beach for $5.2 million. Patrick Gill, senior vice president with Colliers International, represented the seller.
The distribution warehouse consists of 107,000 square feet on 6 acres and is visible from I-264. Tempus plans to make numerous upgrades to the building, which was originally constructed in 1975. The building has approximately 68,000 square feet available for lease. Lang Williams, SIOR, senior vice president, and Gill with Colliers International are marketing the available space for lease. Colliers International will also handle the property management and building maintenance services for the property.
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