R
ockpoint, a real‑estate private‑equity group, has acquired Eastport Industrial Park, an eight‑building, 1,068,995‑sq‑ft infill complex in Richmond, Virginia. The firm will oversee the assets alongside its property‑services arm Rockhill Management and its industrial operating platform Rockpoint Industrial; transaction details remain confidential.

    Eastport sits in Richmond’s Airport submarket, offering varied building layouts and suite sizes. With a 97% occupancy rate and recent lease renewals, the park benefits from a robust local labor pool and limited new supply. Its proximity to Richmond International Airport and direct links to major highways give tenants superior logistics for regional and last‑mile distribution across Virginia and the Eastern Seaboard.

    “Eastport underscores our confidence in high‑quality infill light industrial assets in growth markets,” said Fred Borges, Senior Managing Director. Ben Harris, Head of Rockpoint Industrial, added that Richmond’s long‑term fundamentals make it a national standout. Since 2020, Rockpoint has invested in 16 industrial properties totaling roughly 15 million sq‑ft.