7250 Harbour Towne Pkwy

Cushman & Wakefield |Thalhimer is pleased to present the sale of 7250 Harbour Towne Parkway, a 18.9-acre undeveloped land parcel (“the Property”) in the Heart of Suffolk, Virginia. Centrally located on the northwest corner of the I-664, VA-164 interchange, the Property represents one of the largest contiguous developable land blocks in all of Harbour View market. This Property offers a rare opportunity to acquire a site that has diverse development opportunities in a growing trade area with highly desirable demand drivers. Suffolk is the fastest growing city in the overall Hampton Roads region, an MSA that is home to 1.8 million people. The local economy is driven by defense spending, the port, and tourism. The Property is within four miles of the Monitor-Merrimac Bridge Tunnel, the Virginia International Gateway (VIG) for the Port of Virginia, over four million square feet of new Amazon distribution centers, and adjacent to the new $80 million, 98,000-square-feet addition to the Bon Secours Harbour View Hospital campus. Because of the geographic constraints of the surrounding water and overall land fragmentation and stability issues, large contiguous development sites are at a premium. Healthy market fundamentals are driving new developments across the region. 7250 Harbour Towne Parkway is ideally positioned at the crossroads of all three pillars of the region’s economy making the Property a unique, flexible development opportunity