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Temple Beth El sells school site to senior living company

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Cushman & Wakefield | Thalhimer is pleased to announce the sale of 5.3 acres of land located at 601 N. Parham Road, at the intersection of Parham and Derbyshire Roads, in Henrico County, Virginia for the development of senior housing.

Temple Beth El recently sold the 5.3-acre site of its Jacob and Selma Brown Religious School at 601 North Parham Road to CA Ventures for $3.75 million. CA Senior Living plans to build and operate a senior living community with assisted living, memory care and independent living options.

David M. Smith of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the purchaser.