NORFOLK–Much of the property of the old Ford plant in Norfolk has been sold.
The plant, which built the F-150 truck, closed in June 2007, putting about 2,400 people out of work.
Now, much of the property has been sold for $4.1 million to The Schaubach Companies, CBRE|Hampton Roads announced Tuesday.
Three of five parcels at the intersection of East Indian River Road and Ford Drive were sold in the deal. Parcel 1 is 10.88 acres and includes an almost 30,000 SF building with multiple grade-level doors. Parcel 2 is 4.31 acres and parcel 3 is 2.66 acres and each is approximately 50 acres and has access to a 400’ concrete pier as well as Norfolk Southern rail service.
There was no immediate work onSchaubach Companies' plans for the property.