Colliers International was hired by the National Wildlife Federation to sell a 244,500 square foot warehouse and call center in the Stonewall Industrial Park in Winchester, Virginia. Colliers was able to secure a long term lease with Valley Health System, the primary hospital system in the Northern Shenandoah Valley, for approximately 60,000 sf which they used for their training center. Valley Health invested over three million dollars in retrofitting the building to accommodate their training needs, increasing the value and attractiveness of the building to potential buyers.
Colliers identified the InterChange Group, a regional third-party logistics provider (3PL), as a buyer for the building and was able to establish a bidding situation with another interested group which helped to secure the best price in a challenging market. InterChange closed on the building in early 2015 which allowed the National Wildlife Federation to retire debt and focus on core real estate assets.
Shortly after the acquisition, Colliers brought Threshold Enterprises to 310 Tyson Boulevard for a 90,000 sf East Coast Distribution Center requirement. Colliers San Jose represented the tenant and Colliers Winchester represented the landlord in this five year lease transaction which commenced in the summer of 2015.
These transactions that centered around one property over a compressed time period are indicative of Colliers International’s multi-disciplinary expertise and national reach. John Lesinski assisted the National Wildlife Federation in the sale of their building while The Colliers team of Lesinski and Benjamin Luke represented the InterChange Group in the lease to Threshold Enterprises. Threshold, a Colliers national account headquartered in Scotts Valley, California was represented by Jeffrey Nochimson.