Wholesale book co. sells Virginia digs

Major retailer housed onsite

Don't miss the real estate event of the summer
Join 4,000 real estate pros at Connect SF, Aug 7‑11, 2017

Representing Ingram Book Group Inc., Binswanger recently negotiated the sale of a 231,800-square-foot building on 19 acres in Petersburg, Va. The value of the transaction was not disclosed. Hollingsworth Cos., a Tennessee-based investor, purchased the property, which is located at 25410 Weakley Road. Ingram consolidated operations formerly housed at the Petersburg facility several years ago into a facility in Pennsylvania. Wal-Mart has been leasing 87,500 square feet of the building and will remain a tenant for the next few years. The building, ideal for warehousing and distribution operations, features 22- to 25-foot ceiling heights and 24 dock-high doors. Philadelphia-based Binswanger is an international full-service real estate organization with more than 160 offices worldwide. ...