Premier Tech Center Snags142KSF Office Building near Richmond
- Jul 22, 2016
Richmond, Va.—CBRE Richmond recently announced North Parham Road’s disposition of a 142,015-square-foot office building located in Richmond’s largest suburban submarket, the Northwest Quadrant. 2810 Centre was sold to Premier Tech Center for $10.4 million.
Located at 2810 North Parham Road, 2810 Centre is a 3-story office building which includes major tenants such as GSA, Xerox, Infian, Virginia Polytechnic Institute, University of Virginia and UnitedLex. The property was 86.5 percent occupied at the time of sale.
The asset’s new owner, Premier Tech Center—an entity of Maryland-based Premier Companies led by Jonathan Cutler—is planning substantial capital improvements to the newly acquired assets.
Will Bradley represented North Parham Road in the sale. John Carpin and Malcolm Randolph will continue to handle the marketing and leasing of the property. Premier Management Services, an Accredited Management Organization, will manage the property.