Richmond, Va, October 13, 2021 – Colliers International in Virginia (“Colliers”) is pleased to announce the sale of High Street lofts located at 420, 422, and 526 High Street (the “Property”) in Petersburg, Va for $9,400,000.00, a record high for Tri Cities.
Originally constructed as the Seward Luggage Factory, the community was repurposed in 2008, 2011, and 2013, maintaining many of its unique and original factory designs. 100% occupied, the Property features 69 units with high-end finishes and an amenity package including multiple fitness centers, seating areas, a game room, and courtyard.
The Property is located in the historic district of Petersburg, minutes away from key transportation hubs such as I-95 and I-85.
Garrison Gore, Charles Wentworth, Hank Hankins, and Victoria Pickett represented the seller, Robin & Miller Associates.
Communications Specialist, Virginia and Raleigh, NC
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 66 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.3 billion ($3.6 billion including affiliates) and $45 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.