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shopping center

Chester shopping center sells for $4.04M
Apr 23, 2020

Chester shopping center sells for $4.04M

A shopping center in Chester has sold for $4.04 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Wednesday. The strip mall, Centralia Crossing, is located at 9801 Chester Road and its anchor tenant is Food Lion, which recently extended its lease. The property sold by Berman Kappler Properties was 86% leased at the […]

Henrico strip mall sells for $1.5M
Apr 3, 2020

Henrico strip mall sells for $1.5M

Laurel Park Shopping Center in Henrico sold for $1.5 million, Commonwealth Commercial Partners LLC announced Friday. The strip mall located at the corner of Woodman and Hungary Roads encompasses more than 16 acres of land, and is located less than 2 miles from Reynold Community College. The shopping center’s primary retailer is Dollar General.  New […]

The Food Lion at Orchard Marketplace.
Mar 20, 2020

Daleville shopping center sells for $8M

Botetourt County shopping center Orchard Marketplace has sold for $8 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Tuesday.  Club Forest Guardian LLC purchased the 46,552-square-foot property from Orchard Anchor LLC and New Orchard Marketplace LLC on March 10. The property was 100% leased at the time of the sale to Food Lion […]

Harrisonburg retail center on University Avenue
Jan 14, 2020

Harrisonburg retail center sells for $5.275M

A retail center in Harrisonburg adjacent to James Madison University has sold for $5.275 million, Harrisonburg-based commercial real estate brokerage Cottonwood Commercial announced Tuesday. Tenants at the 11,900-square-foot retail strip on University Avenue include Buffalo Wild Wings, BurgerIM, Sports Nutrition and Dunkin’. The shopping center was 100% leased at the time of the deal that [&[...]

Springwood Park Retail Center
Jan 10, 2020

Roanoke shopping center sells for $2.8M

Roanoke’s Springwood Park Retail Center has sold for $2.8 million, Roanoke-based Poe & Cronk Real Estate Group announced Friday. The shopping center at 3214 Electric Rd. is a 19,200-square-foot mixed use building used for retail and office space. Springwood Park was 98% leased at the time of the sale and its tenants include Ike’s Kitchen, […]

Colonnades West shopping center
Jan 2, 2020

Henrico shopping center sells for $21.7M

The Colonnades West shopping center in Glen Allen was sold to Quebec, Canada-based Colterra Capital Corp. for $21.76 million, Divaris Real Estate Inc. announced Thursday. Located on 14.73 acres of land, Colonnades West is 97.5% leased to anchor tenants Ross Dress for Less, Marshall’s, Office Max and Shoe Carnival. The 136,082-square-foot shopping center is located […]

Dec 2, 2019

Chester shopping center sells for $18.6M

Bermuda Square shopping center in Chester has been sold for $18.6 million, according to Cushman & Wakefield | Thalhimer’s Capital Markets Group. Brentwood, Tennessee-based GBT Realty Corp. acquired the 84,064-square-foot property, its first investment in the Richmond market, on Nov. 26 from Giant Food Stores, the parent company of Martin’s grocery stores, according to Catharine [&h[...]

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