Regal Ventures and Tramview Capital Management Acquire Richmond, VA Industrial Property

A joint venture between Tramview Capital Management and Regal Ventures acquired 7600 Whitepine Road, a roughly 70,739-square-foot industrial manufacturing facility on approximately 7.6 acres in Richmond’s Southwest industrial submarket. The property serves as the global headquarters of Integrated Global Services, Inc. (IGS) and is 100% leased to the company.

In connection with the acquisition, the venture completed a lease amendment extending IGS’s term for an additional 10 years beginning in April 2029. The facility has been significantly renovated over time, and the tenant recently added two storage buildings to the site. The investment provides Regal Ventures exposure to a Richmond industrial market with sub-5% vacancy and combines current cash flow, long-term tenancy, and future rent-growth potential.