Bridgeway Business Center — Sale in Suffolk, VA

  • Price: $17
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Suffolk, VA 23435

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Description

JLL is pleased to exclusively present Bridgeway Business Center (the "Property") for sale, a 706,960 SF multi-tenant logistics facility strategically located in the thriving East Coast port market of Suffolk-Hampton Roads, Virginia. The Property is currently 100% leased to a diverse mix of four, highly committed tenants with 3.56 years of weighted-average lease term remaining. With immediate access to a full I-664 interchange, the facility benefits from prime positioning within a 15 mile drive of the Port of Virginia, offering exceptional access to Hampton Roads' numerous shipyards, port terminals, and major transportation thoroughfares. The facility, extensively renovated from 2007-2025, features 18'-31' clear heights on 52.59 total acres. The property includes 59 dock-high doors, 13 drive-in doors, and 14.3 acres of improved outdoor storage (IOS), providing exceptional operational flexibility for logistics and distribution operations. The Suffolk-Hampton Roads industrial submarket represents one of the most dynamic growth markets on the East Coast, driven by the region's strategic position as a major logistics hub and gateway to the Port of Virginia. The submarket benefits from market stability due to robust demand from defense contractors, logistics operators, and distribution companies. It also features exceptional multi-modal transportation access including rail, interstate, and deepwater port connectivity such as the Virginia International Gateway, Portsmouth Marine Terminals, the Norfolk Southern Lambert Yard Intermodal, and the Norfolk International Airport.

Market Context

This industrial in Suffolk, VA is listed for sale at $17. Compare it against other industrial listings for sale in Suffolk, VA — view the full market.

As of Q1 2026, the Hampton Roads industrial market showed a 9.2% vacancy rate, and average asking rents near $9.14/SF/yr. Source: JLL Q1 2026 market report.

Industrial market FAQ

Is the Hampton Roads industrial market tightening or softening?
Vacancy is around 9.2% (Q1 2026).

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