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6A — July 14 - 27, 2017 — M id A tlantic

Real Estate Journal

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M id A tlantic R eal E state J ournal Robison, Ward and Gutshall handle transaction Cushman&Wakefield | Thalhimer reps. seller in 165,808 s/f sale

UPCOMING NJ SPOTLIGHTS!

August 11th, 2017 CeNtral NeW JerSeY DEADLINE: July 29th

OANOKE, VA — Cush- man & Wakefield | Thalhimer’s Capital Markets Group represented the seller in the sale of the for- mer Allstate Building located at 1819 Electric Rd. in Roanoke. This 165,808 s/f office building, formerly occupied by Allstate Insurance Company, is located in a campus-like setting on over 20 acres in one of Roanoke’s strongest corridors. Amenities of the 3-story property include an onsite cafeteria and gym, as well as abundant parking and large open floor plates. The purchaser, VACORP, acquired the asset on June 12, 2017 for $4 million and plans to occupy the entire property. The sale was completed by Eric Robison , senior vice president of Cushman &Wake- field | Thalhimer’s Capital Markets Group, along with Barry Ward and Price Gut- shall of Thalhimer’s Roanoke Office Services Group. Ward said, “1819 Electric Rd. is a unique asset in the Southwest Roanoke office market that pro- vides a beautiful office setting on 20 acres. It represented a great opportunity for a growing R MORRIS PLAINS, NJ — Weichert, Realtors was named one of the nation’s best places to work, according to the Forbes list of “America’s Best Employers” for 2017. Repre- senting a No. 2 ranking out of 25 companies in the “Business Services & Supplies” industry, Weichert ranked No. 108 out of 500 total employers in the publication’s list. This places

SEPTEMBER 15, 2017 NortherN NeW JerSeY DEADLINE: August 26th

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The Mid Atlantic Real Estate Journal is a monthly publication highlighting real estate transactions throughout the Mid Atlantic including : • New developments, ground breakings and reconstruction in the ODM (Owners, Managers & Contractors ) section • Mortgage and banking in our Financial Digest • Retail and new developments in Shopping Centers • Annual spotlights.

1819 Electric Rd

Roanoke business to provide their employees a wonderful work environment in a beauti- ful setting with access to mul- tiple amenities.” According to Gutshall, “Thalhimer created an active marketing campaign

and a competitive bidding pro- cess that attracted multiple offers. VaCoRP, a rapidly grow- ing Roanoke-based company, was the perfect fit and we are excited to see them expand with this great asset.” n

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Weichert, Realtors makes Forbes list of “America’s Best Employers”

Linda Christman, CEO/Publisher Mid Atlantic Real Estate Journal 350 Lincoln Street, Suite 1105 Hingham, MA 02043 P: 781-740-2900 | F: 781-740-2929

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the company at an impres- sively higher ranking than its No. 219 spot in 2016. Accord- ing to Forbes magazine, the companies on the Forbes list of America’s Best Employers of 2017 were chosen based on an independent survey conducted among an anonymous sample of 30,000 American workers from large or midsize compa- nies and institutions. n

Real Estate Journal DEVELOPMENT OF THE MONTH ATTENTION: ACTIVE CONSTRUCTION FIRMS Tell us about your latest accomplishment with the: Mid Atlantic

JimWeichert and JamesWeichert, celebrate Forbes magazine “America’s Best Employers” list.

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