VA Beach Office Building Fetches $1.5M

The building, featuring 11,000 square feet of office space across two stories, sits in the Great Neck Road retail corridor and has been fully leased.
Divaris Real Estate has brokered the sale of an 11,450-square-foot office building in Virginia Beach, Va., for $1.6 million. The buyer, EDC Homes, will occupy the property’s second floor. Shortly after the sale, Axis Global Enterprises leased the first floor of the building. TowneBank Mortgage provided acquisition financing of $1.4 million, according to public records. The seller, Mythics Inc., had previously occupied part of the building…

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