INSIDE THE ISLE NEWSLETTER - APRIL 2024

New +/- 352,000 SF Industrial Development Breaks Ground in Isle of Wight County

W.M. Jordan Development, Colliers, and Isle of Wight County Economic Development are proud to announce the beginning of construction for a new Class A industrial building in Isle of Wight County. Located at 12375 William A. Gwaltney Way in Shirley T. Holland Intermodal Park, 460 Commerce Center will provide +/- 352,000 square feet of light industrial manufacturing / warehouse space.

W.M. Jordan Development designed the concrete tilt-wall building with features in demand by cargo owners, third-party logistics firms, and Port of Virginia customers. The building’s 36’ clear height and cross-dock design set the development apart in the Hampton Roads market. The speculative building will deliver with eighty (80) dock doors and two (2) drive-in doors installed. Scheduled completion date is third quarter 2025.

Marketing and leasing efforts for the project will be handled by Lang Williams, SIOR, H. Ashton Williamson, MAI, SIOR, and Ben Anderson of Colliers. For more information and to schedule a tour, please visit https://bit.ly/494NXIc.

READ FULL PRESS RELEASE

BUSINESS APPRECIATION AT SPRING FEST - APRIL 26TH!

New Business Licenses - March

See the full list of new March business licenses:

PDF Format (.pdf) or Excel Format (.xlsx)

We extend a warm welcome to all of our new businesses.

Thank you for putting down roots to grow in Isle of Wight County!

FEATURED AVAILABLE PROPERTY

Former Rite Aid - 1200 Benns Church Blvd, Smithfield

Former 13,813 square-foot Rite Aid store is located at the intersection of Benns Church Boulevard and Cypress Crossing and is adjacent to and shares access with Smithfield Plaza Shopping Center. The property is available for lease and is surrounded by strong retail including Kroger, Food Lion, CVS, Dollar Tree, Family Dollar and an abundance of restaurants. The Smithfield market is a high-growth area with numerous residential communities, commercial developments and retail users slated to come online in the near future.

For more information, please contact Chris Read, Colliers, at 757-228-1803 or chris.read@colliers.com.

Search the County's available properties database for more commercial or industrial properties.

If you own or represent a commercial property in Isle of Wight County that is available for sale or lease, please CONTACT US, and we will add it to our database.

You're supporting local families when you frequent our delightful businesses in Downtown Smithfield. It's more important than ever to keep the spirit of our community alive during the Cypress Creek Bridge Rehabilitation. Whether you're looking for a new outfit, the perfect gift, a meal that hits the spot, or scheduling an important service or appointment—we have it all!

ISLE OF WIGHT COUNTY

ECONOMIC DEVELOPMENT www.InsideTheIsle.com

757-356-1962