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Metropolis at Innsbrook

Henrico County

Virginia Business //June 29, 2026//

Metropolis at Innsbrook
Metropolis at Innsbrook

Metropolis at Innsbrook

Henrico County

Virginia Business //June 29, 2026//

Robinson Development Group built and lease-stabilized the 402-unit Metropolis at Innsbrook, then sold it to a joint venture of Boston-based Foxfield and New York-based Park Row Equity Partners for $98 million on July 24, 2025. The deal, brokered by Newmark, was the largest multifamily transaction in Henrico County for the year and marked both firms’ entry into the Richmond market.

Location: 4500 Metropolis Drive, Glen Allen

Price: $98 million ($244,000/unit)

Assets/Description: 402-unit luxury multifamily community; built 2023; 96% occupied at sale

Closed: July 24, 2025

Buyer: Foxfield and Park Row Equity Partners (joint venture)

Seller: Robinson Development Group

Broker (seller): Newmark — Charles Wentworth, Victoria Pickett, Garrison Gore

Financing: Newmark — John Chobanian, Eric DeStefano (debt and structured finance)

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