Salem's Spartan Square sells for $16.5M

Select Region or Brand

Business
Legal
- Maryland
- Massachussetts
- Virginia
- Missouri
- Minnesota
- New York
- North Carolina
- South Carolina
- Wisconsin
- Michigan
- Rhode Island
Construction
- Milwaukee, WI
- Oregon
Home Furnishings

Manage Account

Upcoming Event

Forty Under 40

Free Newsletter Subscribe

Industries
Regions
Events
Opinion
Awards
Leads & Data Center
Advertise
Issues
Virginia 500
- Read The Issue
- Buy an award plaque
Press Releases

Industries
Regions
Events
People
Power List
Annual Issues
Leads/Data
Opinion
- Our View
Press Releases
In The Lead
Advertise
About & Contact
Plaques & Permissions
- Plaques & Permissions

Category: - date_display:

Salem’s Spartan Square sells for $16.5M

Kroger-anchored shopping center is 91% leased

Robyn Sidersky

Home>Industries>Real Estate>

Salem’s Spartan Square sells for $16.5M

Kroger-anchored shopping center is 91% leased

Robyn Sidersky //January 24, 2022//

Listen to this article

Spartan Square, a 180,346-square-foot shopping center in Salem, has been sold for $16.5 million, Colliers announced on Jan. 18.

Spartan Square Limited Partnership sold the 91% leased shopping center to a joint venture between Essential Growth Acquisition Properties and Viking Partners. The shopping center is anchored by a Kroger and tenants include Dollar Tree, Pet Supplies Plus, Starbucks and Truist. It is located at 1425-1499 Main St. in Salem.

Will Bradley, Mark Williford, Peter Vick and Harrison Hall of Colliers International represented the seller.

Share this!

Warner worried about Microporous $100M grant

Listen to this article U.S. Sen. Mark Warner, Virginia’s senior Democratic senator, is worried[...]

Cargo containers line a shipping terminal at the Port of Oakland on Thursday, April 3, 2025, in Oakland, Calif. (AP Photo/Noah Berger)

China retaliates as Trump’s tariffs affect world markets

Listen to this article BANGKOK (AP) — Countries and industries were scrambling Friday to respond a[...]

Dow drops 1,600 as US stocks lead worldwide sell-off after Trump’s tariffs cause a COVID-like shock

Listen to this article NEW YORK (AP) — Wall Street shuddered, and a level of shock unseen since CO[...]

NoVa govcon firm Mitre to lay off 442 employees after DOGE cuts contracts

Listen to this article Federal contracting firm Mitre, which has dual headquarters in McLean and Mas[...]

Suffolk-based TowneBank plans to acquire Old Point Financial Corporation, the parent company of The Old Point National Bank of Phoebus. Photo by AdobeStock

TowneBank to acquire Old Point in $203M deal

Listen to this article Suffolk-based TowneBank announced plans Thursday to acquire Old Point Financi[...]

President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Mark Schiefelbein)

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

Listen to this article WASHINGTON (AP) — President Donald Trump declared on Wednesday a 10% baseli[...]

People

Bank of Botetourt CEO retires after nearly four decades at bank

4/4/2025

NFIB hires grassroots manager for five-state region

3/4/2025

DXC Technology names new chief procurement officer

2/4/2025

Regions

Shenandoah County takes long view on economic development

Listen to this article Shenandoah County hopes a $100,000 study is an early step toward welcoming ne[...]

SWCC to expand workforce development programs

Listen to this article Southwest Virginia Community College in Cedar Bluff is expanding its workforc[...]

Danville-Pittsylvania authority invests in history

Listen to this article Using a $1.89 million loan from the Virginia Small Business Financing Authori[...]

Pharma hub workforce training wins $3.9 million grant

Listen to this article The talent pipeline for the Richmond-Petersburg region’s growing advanc[...]

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Salem’s Spartan Square sells for $16.5M

Salem’s Spartan Square sells for $16.5M

Related Content

Average US rate on a 30-year mortgage dips to 6.64% for the second drop in...

Wawa plans massive expansion in western Virginia

Danville-Pittsylvania authority invests in history

Former Alexandria laser tag arena sells for $6M

VCU receives approval to purchase Altria Richmond research facility

Statewide home sales declined in February

Top Stories

Warner worried about Microporous $100M grant

China retaliates as Trump’s tariffs affect world markets

Dow drops 1,600 as US stocks lead worldwide sell-off after Trump’s tariffs cause a COVID-like shock

NoVa govcon firm Mitre to lay off 442 employees after DOGE cuts contracts

TowneBank to acquire Old Point in $203M deal

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

People

Regions

Shenandoah County takes long view on economic development

SWCC to expand workforce development programs

Danville-Pittsylvania authority invests in history

Pharma hub workforce training wins $3.9 million grant