Virginia Port Logistics Portfolio Changes Hands
What Sold in the Port of Virginia Deal? The transaction centered on the Port of Virginia Shallow-Bay Portfolio, a four-building industrial holding totaling 655,852 square feet in Hampton Roads, Virginia. Its logistics access was linked to the Port of Virginia corridor. It involved industrial real estate rather than port operating infrastructure. The assets were sold together as one portfolio, not through separate dispositions. A related 2023 Chesapeake transaction involved a two-building portfolio totaling 334,881 square feet. JLL Capital Markets announced the deal on June 16, 2026. Property Scope The seller was an affiliate of Equus Capital Partners, Ltd., and the buyer was NorthPoint Development. The portfolio was presented as a logistics asset within the Hampton Roads market. Public facts identified the building count, total area, and location. They did not detail tenant mix or lease terms. Compared with a 2023 Chesapeake Port of Virginia-related sale, this portfolio was larger in ...