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2800 Sprouse Drive in Richmond Sells To Philadelphia Based Industrial Investor

2800 Sprouse Dr

RICHMOND, Va., June 7, 2022 – Colliers is pleased to announce the sale of the Hilex Poly regional manufacturing facility located at 2800 Sprouse Drive in Richmond for $10,250,000. The 148,877 square foot facility was purchased by Maguire Hayden Real Estate Company, their first acquisition in the Richmond region. Hilex Poly is the nation’s premier manufacturer of poly packaging including retail, produce, delivery and takeout bags and other customer focused packaging systems. 

“2800 Sprouse Drive provides an excellent tenancy story that resulted in a highly competitive sale process,” said Mark Williford. “This sale is another example of the strong level of interest the Central Virginia industrial investment is receiving from regional, national, and international capital drawn by its strong market fundamentals and demand drivers.”

Will Bradley, executive vice president, and Mark Williford, senior vice president, marketed the property on behalf of the seller, Los Angeles based Hackman Capital. 

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Will Bradley

Executive Vice President

Richmond - North

Will Bradley is Executive Vice President for Colliers International specializing in structuring and facilitating the acquisition and disposition of complex development and institutional investment properties across the United States Prior to joining Colliers in 2019, Mr. Bradley spent over a decade with CBRE. 
Mr. Bradley’s background in financial and market analysis combined with his significant ongoing deal activity delivers his clients unmatched transparency into the current real estate markets. Mr. Bradley’s client’s further benefit from his understanding of the development process and comprehensive scenario analyses incorporated into his strategic advisory to achieve his clients’ goals. Over the past two years, he has handled more than $800 million in transaction advisory services.

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Mark Williford

Senior Vice President

Richmond - North

Mr. Williford specializes in investment sales transactions throughout the Mid-Atlantic and Southeast and brings an unparelled level of passion and expertise to the business. With over 8 years of commercial real estate experience he has successfully represented private, high-net worth and institutional clientele in the successful disposition of retail, mixed-use, office and industrial assets totaling $1.7B+.  

Prior to joining Colliers International, Mr. Williford was a Director at HFF in Denver, Colorado, one of the largest and most successful commercial real estate capital intermediaries serving the United States and Western Europe. Prior to joining HFF, Mr. Williford was a leasing broker with SullivanHayes focused on tenant and landlord representation where he completed more than 500,000 square feet of lease transactions. He began his career in real estate as an intern at The Wilton Companies in Richmond, Virginia.

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