Colliers is pleased to announce the investment sale of 4500 Progress Road in Norfolk from Wheeler Commercial Properties LLC, based in Boston, to Club Forrest Acquisitions LLC, based in Virginia Beach, for $3,750,000.

The 66,000-square-foot industrial building is situated on a four-acre parcel. The building is occupied by Superior Distribution, a subsidiary of SRS Distribution that specializes in exterior residential building products, and Superior Pool Corp.

R. Worth Remick, SIOR, senior vice president, and Patrick Gill, senior vice president, with Colliers represented the seller. Ricky Anderson, executive vice president; Will Bradley, executive vice president, Ashton Williamson, senior vice president; and Lang Williams, senior vice president, with Colliers represented the buyer.

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