6A — March 27 - April 9, 2020 — Retail Development Reimagined — M id A tlantic Real Estate Journal
R etail D evelopment R eimagined
Robison and Spangler represents seller in 112,340 s/f retail center sale Cushman & Wakefield | Thalhimer’s Capital Markets Group completes sale of Bedford Plaza B
EDFORD , VA — Cushman & Wake- field | Thalhimer’s Capital Markets Group has represented Southgate III, LLC in the sale of Bedford Plaza, a Walmart shadow anchored shopping center, located at 1128 E. Lynchburg Salem Tpke in Bedford, VA. Bedford Plaza, a 112,649 s/f neighborhood center is an- chored by Tractor Supply and Dollar Tree. The center has a diverse mix of national, re- gional and local e-commerce resistant tenants including rest urants and service-ori-
1200 East Main St.
quired the asset on February 13, 2020. The sale price was
$8.4 million and the property was 79% leased at the time of
ented retailers. Coastal Eq- uities of Weston , Florida ac-
the acquisition. The sale was completed by Eric Robison and Catharine Spangler . Cushman & Wakefield | Thalhimer’s Capital Markets Group has represented the seller in the sale of Pulaski Plaza located at 1200 East Main St. in Pulaski, VA. The 112,340 s/f retail center is anchored by Food Lion, Pee- bles and Badcock Furniture. Pulaski Center Associates, LLC acquired the asset on February 18, 2020. The sale price was $5.255 million and the property was 91% leased at the time of the acquisition. The sale was completed by Catharine Spangler in Thalhimer’s Richmond of - fice and assisted by Jessica Johnson in Thalhimer's Roa- noke office. Cushman & Wakefield | Thalhimer announced the sale of 2201 Lafayette Blvd. in the City of Fredericksburg, Virginia. WFDMB, LLC purchased the 7,525 s/f retail property from LB Degen, LLC for $825,000 and will occupy the premises. Mike Degen, Virgil G. Nel- son, CCIM and Adam Nel- son of Cushman &Wakefield | Thalhimer handled the sale negotiations on behalf of the seller. Retail Property Sells in Rich- mond for New Location for The Pit and The Peel Juice Bar Bistro Cushman & Wakefield | Thalhimer announced the sale of 1210 W. Main St. in the City of Richmond, VA. Pit & Peel Inc. and BroSki, LLC purchased the 2,400 s/f retail building fromNancy R. Anderson for $375,000 for a new location for The Pit and The Peel. Annie O'Connor of Cush- man & Wakefield | Thal- himer handled the sale ne- gotiations on behalf of the purchaser.
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