Building 2 8253 Richfood Rd

The Property is just under a two (2) hour drive from the Port of Virginia. This coveted Port is the East Coast’s 3rd largest port and the 6th largest port system in the United States with almost 4 million TEUs annually handling cargo shipments valued at $70B. Further, the Port has generated over $900 million in corporate investment. In the past five years, over 46 companies have moved to the region to be closer to this massive trade hub. In 2020 alone, the Port achieved a 40% increase in capacity and has invested over $2 billion into improving productivity and infrastructure since 2019. Over 95% of the world’s shipping lines call on the Port of Virginia, linking Virginia to more than 380 ports in over 115 locations worldwide. Further, the $6 billion in roadway improvements and $600 million in recent investments at the Ports, combined with the ability to scale the Ports with a 55’ dredge depth by 2024 and by an additional 2.5 million TEUs with the additional Craney Island in the future, create a longterm advantage for this location.