Industrial Property Sold in Richmond to Barefoot Spas

Cushman & Wakefield | Thalhimer is pleased to announce the sale ofthe former Symbol Mattress Factory headquarters located at 1911 and2001 Bellwood Road in the City of Richmond, Virginia.

Fort Darling Partners LLC purchased the 85,549 square foot industrial warehouse building, situated on 9.08 acres, from MTP-2001 Bellwood Rd, LLC for $8,000,000. Their headquarters is located nearby, and they plan to utilize the purchased property for the expansion of their distribution and manufacturing of hot tubs and swim spas.

Evan Magrill and Graham Stoneburnerof Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the seller; James Ashby IV, also with Thalhimer, represented the purchaser.

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 broker professionals and employs nearly 425 associates. Thalhimer represents, on behalf of its clients, a property portfolio of nearly 55 million leasable square feet, and management of nearly 30 million square feet of commercial property, and over 9,000 multifamily units. In 2022, Thalhimer completed over 1,900 transactions with a transactional volume of more than $2.3 billion. Thalhimer is the region’s leading provider of comprehensive commercial real estate services. The firm offers comprehensive commercial real estate services including corporate services, investment sales, tenant representation, project management, asset management, and the sale and leasing of office, industrial and retail properties. To learn more, visit www.thalhimer.com.

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About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and approximately 60 countries. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, and valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.