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Heritage Capital Group has purchased a five-property, 508,814-square-foot industrial flex portfolio in Chesapeake, Va., for $45 million. Teams from Cushman & Wakefield | Thalhimer and Cushman & Wakefield in Washington, D.C., represented the sellers, DSC Partners and Iron Point Partners.

The collection includes warehouse, laboratory and open office spaces on four parcels. A fifth parcel, of about 2.6 acres, provides additional parking. The location has immediate access to Interstate 64 and thereby easy connections to the port and nearby military bases and shipyards.