Northern Virginia Gateway - Phase II
210 Centreport Parkway, Fredericksburg, VA, 22406, US
51 977 mètres carrés
Descriptif
JLL is pleased to exclusively present Bridgeway Business Center (the "Property") for sale, a 706,960 SF multi-tenant logistics facility strategically located in the thriving East Coast port market of Suffolk-Hampton Roads, Virginia. The Property is currently 100% leased to a diverse mix of four, highly committed tenants with 3.56 years of weighted-average lease term remaining. With immediate access to a full I-664 interchange, the facility benefits from prime positioning within a 15 mile drive of the Port of Virginia, offering exceptional access to Hampton Roads' numerous shipyards, port terminals, and major transportation thoroughfares. The facility, extensively renovated from 2007-2025, features 18'-31' clear heights on 52.59 total acres. The property includes 59 dock-high doors, 13 drive-in doors, and 14.3 acres of improved outdoor storage (IOS), providing exceptional operational flexibility for logistics and distribution operations.
The Suffolk-Hampton Roads industrial submarket represents one of the most dynamic growth markets on the East Coast, driven by the region's strategic position as a major logistics hub and gateway to the Port of Virginia. The submarket benefits from market stability due to robust demand from defense contractors, logistics operators, and distribution companies. It also features exceptional multi-modal transportation access including rail, interstate, and deepwater port connectivity such as the Virginia International Gateway, Portsmouth Marine Terminals, the Norfolk Southern Lambert Yard Intermodal, and the Norfolk International Airport.
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Attributs
Superficie du bâtiment nette
65 679 mètres carrés
Superficie du terrain brute
21,28 ha
Occupation
100 %
Years Renovated
2007-2025
VALSE
3.56 années
Industrial Outdoor Storage
14.3 acres
Média
Points forts de l'investissement
Mission-Critical Naval Operations Hub
Bridgeway Business Center maintains exceptional occupancy driven by its mission-critical role supporting naval shipbuilding operations. The facility's primary tenant is Huntington Ingalls Industries with strong credit quality and favorable lease terms aligned with USS Enterprise delivery schedules. HII has been a tenant of the facility for over 25 years and has expanded into every space that has become available during that time.
Proven Asset Repositioning Success
Recent successful conversion of 450,000 SF to NNN structure demonstrates proven ability to shift tenant recovery responsibilities, creating substantial investor value. Coastal Logistics Group occupies 122,008 SF at 17.5% below market rent with lease expiring September 2026.
Strategic Port of Virginia Gateway
The Port of Virginia has experienced 25% growth since 2020, making it the fastest-growing port in the U.S. with $17 billion in infrastructure investment through 2027 and newly completed 55' channel deepening.
Prime Logistics Location
Located in Suffolk, VA with excellent access to I-64 and I-95, allowing distribution to 75% of the U.S. population within a 2-day drive and multiple major East Coast ports within 250 miles.
Flexible Multi-Income Asset
706,960 SF of industrial space complemented by 14.3 acres of improved outdoor storage, providing multiple income streams and flexibility.
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Bridgeway Business Center (0 Propriétés)
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Dernière mise à jour
20 nov. 2025
