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Nine-building industrial complex in Henrico sells for $8.8 million

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Sledd Properties recently purchaesd nine industrial buildings totaling 171,000 square feet of space on about 12 acres at 4700 Bethlehem Road in Henrico's Near West End for about $8.8 million from an affiliate of Brennan Investment Group. Cushman & Wakefield | Thalhimer’s Capital Markets Group advised both parties in the sale, which closed Dec. 8.

The property sits directly off Interstate 64 and is fully occupied by a single tenant on a long-term lease, BlueLinx (a publicly traded building materials supplier).