Ashley Capital buys 798,786 s/f dist. center on I-295/I-95 Corridor in VA
RICHMOND, VA — Cushman & Wakefield | Thalhimer is pleased to announce the sale of 7000 Hardware Dr. in Prince George County, Virginia and located in the Southeast Quadrant of the Richmond (VA) Industrial Market. Ashley Capital purchased the 798,786 s/f distribution center situated on 155.4 acres from Ace Hardware Corporation as an investment. They plan to immediately update the property to include replacing the roof, all 84 dock doors, replacing the lights with high efficiency LED fixtures, removal of an internal mezzanine, painting the interior and exterior and several other functional and cosmetic upgrades. The property will be branded as the Virginia Gateway Logistics Center.