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Sale of VCU Health Distribution Facility

Richmond, Va – Colliers International (“Colliers”) is pleased to announce the sale of the VCU Health Distribution Facility in Richmond, Virginia for $8,075,000. Located at 3008 Mechanicsville Turnpike, the Property is 100% leased to Virginia Commonwealth University Health System Authority’s supply chain logistics headquarters and serves as the health systems primary distribution facility for their regional healthcare operations.

VCU Health recently recommitted to the submarket through their relocation and significant expansion to the 89,931 square foot former Pepsi distribution facility under a long-term lease.

“The VCU Health Distribution Facility attracted a myriad of capital sources given the credit profile, long-term commitment and mission criticality of the tenancy and its unbeatable last-mile location in Richmond, one of the most attractive secondary industrial markets in the Country.” -Will Bradley, Executive Vice President. 

The Property provided VCU Health the only large-scale distribution opportunity in immediate proximity to the VCU Medical Center and convenient accessibility to VCU Health’s growing regional footprint.

Will Bradley, Executive Vice President, Matt Anderson, Executive Vice President and Mark Williford, Vice President, represented the seller, Silvercap Partners.

Colliers has offices in Charlottesville, Fredericksburg, Richmond, and Norfolk. To learn more about Colliers or to view other investment sales opportunities, please visit: www.colliers.com/richmond.

For further information please contact:

Jullieanne Cueto | Communications Specialist, Virginia and Raleigh, NC

+1 804 968 1970 | Jullieanne.cueto@colliers.com 


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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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Matt Anderson

Executive Vice President

Richmond - North

Matt joined the firm in 2006 as a junior agent with no previous real estate background, learning the business from the ground up. He quickly became an integral part of the brokerage team representing owners and occupiers of office and industrial properties. 
Matt’s role as a strategic advisor to the businesses he works with has evolved into a passion for regional prosperity. He has had the opportunity to be a part of some of the most exciting real estate transactions in the Richmond MSA that have created significant employment opportunities in the community. Since 2006, he has negotiated over 800 transactions valued at over $1 billion involving government agencies, national corporations, REITs, national developers, and local businesses. 
In 2017 Matt earned the SIOR designation (Society of Industrial and Office Realtors®). This designation is a professional symbol of the highest level of knowledge, production, and ethics in the real estate industry. To ensure he keeps current with real estate trends and practices, Matt attends conferences and is an active member of various industry associations. Matt takes great pride in his teamwork, communication, and the highest level of customer service. 
Matt provides the following services to his clients with a strong emphasis on teamwork, communication, and the highest level of customer service: 

  • Market Evaluation        
  • Lease/Purchase Agreement Negotiation Support
  • Disposition Strategy/ Execution
  • Lease Renewal vs. Relocation Analysis
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