Bay Warehouses
1400 Cavalier Boulevard
Chesapeake, VA
ACQUIRED
September 2002
SOLD
April 2005
SQUARE FOOTAGE
299,955
TYPE OF BUILDING
Warehouse, Distribution
Prominently located in Cavalier Industrial Park off I-64 and near I-664 and I-264, Cambridge Hanover acquired the Bay Warehouses in 2002. Subsequently, Cambridge Hanover initiated a program to lengthen lease terms, increase acreage available for trailer storage, and attract non-logistics tenants, including Kohler and General Dynamics. In 2005, Cambridge Hanover sold the property to a publicly traded REIT.