Silverman Group Enters Greater Richmond
Rolls-Royce’s former manufacturing site marks the company’s first acquisition in the market.
Silverman Group has acquired Rolls-Royce’s former manufacturing facility in Prince George, Va. The company bought the Crosspointe Logistics Center site through its affiliate SL Industrial Partners for an undisclosed price.
Rolls-Royce was represented in the sale by Colliers’ Matt Anderson, Joe Marchetti and Rebecca Barricklow, as well as Cushman and Wakefield’s Fritz Kauffman and Megan Cuvelier.
Crosspointe Logistics Center was previously a state-of-the-art aircraft manufacturing campus for Rolls-Royce. The property currently includes a 291,689-square-foot facility which has dual circuit electrical service with a total capacity of 50 MVA and a 350 kW backup generator.
Original article here .