Friday, June 2, 2023

Enterprise Center At Hazelwood Farms Sold For $12 Million

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JAMES CITY-The Enterprise Center at Hazelwood Farms in the upper part of James City County recently sold.

The property, which sits on 328 acres along Olde Stage Road, was sold for $12,000,000, according to a release issued May 22 by Cushman & Wakefield/Thalhimer. The sale was handled by Cushman & Wakefield/Thalhimer in partnership with Berkshire Hathaway HomeServices RW Towne Realty.

The release stated that Lovett Industrial purchased the property and plans to develop Class A facilities targeting manufacturers, importers, and warehousing and distribution companies. The site was selected by the developer due to its close proximity to the Port of Virginia along the Interstate 64 corridor between Hampton Roads and Richmond. 

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