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Bridgeway Technology Center

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Bridgeway Technology Center

PROJECT TAGS: ,

Location
Suffolk, Virginia

Size
262,000 square feet

The Bridgeway Technology Center is a three-building, multi-tenant campus located in the Harbour View area of Suffolk, Virginia. Initially an investor and construction manager of the property, W.M. Jordan Company assumed management responsibilities in 2014. Since then, W.M. Jordan Company has successfully increased the occupancy level from below 50% to a healthy performing level. The tenant mix includes professional and administrative offices, faith-based organizations, healthcare clinics, and government agencies. The property offers 262,000 square feet of space on 34 acres of land.

In addition to the existing structures, the property originally included a supplementary 14-acre site envisioned to complete the campus. W. M. Jordan Company located a purchaser and assisted with successfully navigating the entitlement process to obtain a rezoning and the necessary permitting to allow for the development of the 14- acre parcel for residential use. Sold in 2018, this site now houses 71 single family units complimenting the adjacent Riverfront community. A final 12-acre site lays behind Building II with connection to Bridgeway Drive, giving W.M. Jordan Company additional development opportunity to further enhance the Technology Center.

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