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Industrial Warehouse Space
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2925 Pruden Blvd, Suffolk, VA 23434

Warehouse space at 2925 Pruden Blvd totals 339,660 square feet for industrial and office use.

Space Size119,150 SF
Days on Market930

Property Features for 2925 Pruden Blvd

General Information

Standard status Active
Size 119,150 SF
Property subtype INDUSTRIAL

Spaces For Lease

at 2925 Pruden Blvd
Port 460 Logistics Center - Bldg 1 AVAILABLE, Now
Floor 1
Size 119,150 SF
Type INDUSTRIAL
Rate Contact for pricing
Sublease No
-Development: -With over 5 million square feet of class a warehouse space, bioresearch facilities, and office space successfully brought to market, matan’s development team knows how to deliver multimillion- dollar projects on time and on budget. -Asset management: -Maximizing returns starts with enhancing value. -Matan’s asset managers strategically evaluate each investment property from real estate and capital market perspectives—identifying new efficiencies, finding innovative revenue opportunities, and mitigating risk. -Leasing: -Matan’s approach to integrated leasing services fits each tenant’s individual goals. -Count on their leasing specialists to be there at every step from the initial showing through negotiations, tenant improvement coordination, expansions, and lease renewals. -Thanks to a lack of bureaucracy and the expertise of their market-savvy brokers, matan makes decisions in days rather than weeks. -Property management: -Matan vigilantly meets the day-to-day needs of each property while keeping an eye on opportunities to maximize operational efficiencies and create quality tenant experiences -Highlights -Private commercial real estate investment firm -Headquartered in the d.C. Metro area -Family owned and operated since 1976 -Over 6 million square feet of existing commercial assets -Approximately 2 million square feet currently under construction -4 million square feet of entitled industrial/bio space in development pipeline -Approximately 15 million square feet of developable industrial/bio far under control, totaling over 1,500 acres -Separate manufactured housing division -Asset mix includes industrial, lab, retail, multi-family, land development, and office -Full-service approach with in-house property management
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Listing Agency: JLL | Baltimore
Listed By: Todd Hughes · License #611635
Source: Moodyscre
Added: Apr 12, 2024 Changed: Oct 26 Last Checked: Oct 26 at 5:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL | Baltimore

Rey
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Investment Insights

Based on property information with market context.

This offering includes industrial warehouse space with the scale to support industrial and office use. The property totals 339,660 square feet.

The asset is located at 2925 Pruden Blvd in Suffolk, Virginia.

The owning group provides integrated leasing and property management services, with leasing specialists supporting tenants from initial showing through negotiations and tenant improvement coordination, as well as expansions and lease renewals.

Key Highlights

  • Warehouse space at 2925 Pruden Blvd totals 339,660 SF for industrial and office use
  • Over 6 million SF of existing commercial assets
  • Approximately 2 million SF currently under construction

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm HVAC Service Electrical Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby
Balanced
Demand for This Use

Demographics for 23434, VA

51,430
Population
21,764
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
90%
High-School Grad
206.8 sq mi
ZIP Area
249
Density / Sq Mi
$75,798
Median Household Income
$47,291
Median Earnings
$1,242
Median Rent
$293,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Conley's Mini-Storage — 3506 Robs Dr, Suffolk, VA 23434

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse space at 2925 Pruden Blvd totals 339,660 square feet for industrial and office use.
Where is this warehouse located?
The property is located at 2925 Pruden Blvd Suffolk, VA.
What are key features of this property?
This property features: Warehouse space at 2925 Pruden Blvd totals 339,660 SF for industrial and office use; Over 6 million SF of existing commercial assets; Approximately 2 million SF currently under construction
(443) 451-2608 Call to check price and availability
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