Inman

Former manufacturing plant sold in Virginia

Thalhimer/Cushman & Wakefield negotiated the sale of the former Procter & Gamble manufacturing facility totaling 110,000 square feet in Portsmouth, Va.

The value of the transaction was $2.5 million.

The three-story property is located at 3600 Elm Ave. on 21.4 acres.

Elm Avenue Realty LLC purchased the property from Howard S. Adkins. Elm plans to expand its import/export facility to this location.

Ron Biesecker and Christine Kaempfe of Thalhimer/Cushman & Wakefield handled the sale negotiations for the buyer.

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