Windsor Business Park II Update 09/06/22

Capital Markets Group Completes $8.8MM Sale of Windsor Business Park II

 

RICHMOND, VIRGINIA:  Cushman & Wakefield | Thalhimer’s Capital Markets Group has represented Magellan Investors, LLC in the sale of Windsor Business Park II, located at 8570 Magellan Parkway in Henrico County, VA. Windsor Business Park II is a 53,009 square foot Class A flex industrial asset located off of Interstate-95 within the highly sought-after Windsor Business Park – a 40-acre, six-building, 340,000 square foot business park fully leased to medical users, technology companies and a diverse group of industrial service providers. The Property is 100% leased to five tenants including Southern Glazer’s Wine & Spirits (#11 on Forbes Private Company List), GPM Investments (6th largest convenience store operator in the U.S.) and Bon Secours Health System, Richmond’s largest healthcare provider. 

Windsor II Investment Company L.P. acquired the asset on August 29, 2022, for $8,888,888. Sale negotiations were handled by Bo McKown and Eric Robison of Cushman & Wakefield | Thalhimer’s Capital Markets Group, while the purchaser was represented by Gregg Beck, also with Thalhimer. 

 

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