JLL sells Richmond Northlake and Walthall industrial portfolio for $175 million

Jones Lang LaSalle Incorporated

Jones Lang LaSalle Incorporated

JLL

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  • JLL brokered the sale of the Northlake and Walthall industrial portfolio in the Richmond, Virginia, area for $175 million, or $151 per square foot.
  • The portfolio totals 1,161,788 square feet across four Class A buildings, fully leased to 15 tenants.
  • JLL represented the seller, a partnership between Lingerfelt and Partners Group.
  • The assets sit in Colonial Heights and Ashland, offering access to I-95, I-295, and key regional freight routes.


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