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Glen Allen shopping center sells for $9.5M

A shopping center anchored by a Michaels craft store in Glen Allen sold for $9.5 million, Cushman & Wakefield | Thalhimer announced.

Airport Hotel LLC, of Ellicott City, Maryland, bought Broad Street Plaza, located at 9856-9864 W. Broad St. in Henrico County, on Sept. 12. The four-tenant retail center is 100% leased and includes a Kids Empire, which recently signed a 10-year lease.

Cushman & Wakefield | Thalhimer’s Capital Markets Group represented seller Sledd Properties in the sale.