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CMP Global Leases 83,700 SF at Virginia Regional Commerce Park

Record Year for Industrial Market in Hampton Roads

MDH Partners and Colliers International are pleased to announce that CMP Global has signed a long-term lease for 83,700 square feet at Virginia Regional Commerce Park in Suffolk.

Atlanta-based MDH Partners, a leading real estate investment firm, has participated in more than $4 billion (75 million square feet) of acquisitions, developments and asset management as an advisor and investor. MDH Partners acquired the Class A industrial property located at 5391 Virginia Regional Drive in Suffolk from an affiliate of the developer, Panattoni Development Company. The CMP Global transaction makes the building 100% leased.
 
“We have experienced over 50% growth in our CMP Global division during 2020,” according to Darrick Lemaster, general manager for CMP Global, which is based in Suffolk. “The Virginia Regional Commerce Park building presented the perfect expansion opportunity for our growing company.” 
 
“MDH Partners is very pleased to welcome a fast-growing manufacturer and distributor like CMP Global to the Virginia Regional Commerce Park,” noted Peter Curnyn, senior managing director, asset management for MDH Partners. “Our firm has extensive experience acquiring, managing, leasing and selling Class A industrial assets in the Norfolk / Suffolk region, and we are pleased to have another success and 100% leased building in the region.”
 
The 83,700-square-foot CMP Global lease continues a record year for the regional industrial market in terms of leasing activity.
 
Colliers International industrial agents Lang Williams, SIOR, senior vice president; Ashton Williamson, SIOR, senior vice president; and Worth Remick, SIOR, senior vice president;  represented MDH Partners. Glenn Gibson and Bobby Beasley, III of Harvey Lindsay Commercial Real Estate represented CMP Global.
 

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Lang Williams

Executive Vice President

Norfolk - Main

With twenty-four years of commercial real estate brokerage experience, Lang specializes in helping companies, large and small, reduce their real estate occupancy costs. Since 2009, on behalf of his clients, Lang has achieved over $61 million in savings on 303 completed tenant representation assignments, in 59 cities located in 42 metropolitan regions, 6 countries and 3 continents, of which 84% of assignments were with repeat clients. During his career Lang has completed 652 assignments totaling over $833 million in consideration. His clients range from government contractors, logistics companies and professional services firms with a single location seeking a lease renewal versus relocation analysis, to Fortune 100 and public sector clients seeking strategic consulting, site selection, portfolio management, and real estate services for their global operations. In addition, he serves select developers and investors on land acquisitions, leasing, and property dispositions.

Lang continually strives for improvement in service, capabilities, and knowledge. During his career, he has earned his MBA from the University of Denver’s Daniels College of Business, attained the LEED AP designation, and earned the SIOR designation (Society of Industrial and Office Realtors®). Lang keeps current with best practices and trends by attending real estate and other industry conferences as well as through active participation in various industry associations. As founder and co-chair of the Hampton Roads LogistXGames, Lang has helped raise nearly $430,000 in support of scholarships at local community colleges to help train and develop the Norfolk logistics workforce. Recognized as an industry leader, Lang has presented at the Old Dominion University E.V. Williams Center for Real Estate Market Review, the Virginia International Trade Conference, and The Port of Virginia Port Real Estate Conference, among others.
 

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Ashton Williamson

Executive Vice President

Norfolk - Main

Ashton Williamson, a Hampton Roads native, has worked full time in the commercial real estate industry in Hampton Roads since 1987. Prior to entering sales and leasing in 1995, Ashton was a certified general commercial real estate appraiser licensed in Virginia and North Carolina. He earned the MAI designation with the Appraisal Institute in 1995. 


Since 2010, Ashton has been involved in over 500 transactions with the Industrial Team with a total in excess of 40 million sq. ft. leased/sold. Ashton’s specialties range from General Brokerage with focus on industrial and free-standing commercial properties, to providing experienced representation with land, office/flex, and industrial properties throughout Eastern Virginia and beyond.

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Worth Remick

Senior Vice President

Norfolk - Main

Worth Remick has 35 years of experience in industrial leasing, sales, development and tenant/buyer representation. He has leased or sold over 29 million square feet of industrial, flex and office properties. He is a member of the Society of Industrial and Office Realtors (SIOR) and has focused on port logistics, defense contracting, food manufacturing and distribution, and maritime developments. Worth has been a long-time member of the Hampton Roads Association for Commercial Real Estate (HRACRE), and has been involved in numerous charitable organizations, such as South Hampton Roads Habitat for Humanity where he spent 13 years on the Board of Directors, his church’s Vestry and Winter Shelter, and on the Boards of Green Run Collegiate, Virginia Beach Community Development Corporation, and Virginia Beach Vision. He received his degree in Humanities from Hampden-Sydney College where he was a member of the tennis team for 4 years.

Much of Worth’s focus is on representing owners who desire to obtain tenants/buyers or who want to maintain or increase the value of their holdings. His experience through the years, during both strong and weak markets, provides him and his clients with the proper perspective and marketing tools to create, realize and maintain value. He also has worked as Tenant and Owner Representative for Smithfield Foods, Ferguson, Dollar Tree Stores, IMS Gear, and Katoen Natie (KTN). A native of the region, Worth is very familiar with the geography, business climate, and regional economic engines (port/trade and defense contracting) and has numerous contacts to assist him with his daily work.

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