MID-ATLANTIC COMMERCIAL BROKERS SALE OF DEVELOPMENT SITE

by admin

WILLIAMSBURG, VA. — Mid-Atlantic Commercial has arranged the sale of a 18.5-acre site at 6401 Richmond Road in Williamsburg. The existing Willamsburg Outlet Mall will be demolished to make way for a new grocery-anchored shopping center. Monty Spencer, Jim Carr and David Clarke of Mid-Atlantic Commercial represented the buyer, Lightfoot Marketplace Shopping Center LLC, in the transaction. The new shopping center, known as Lightfoot Marketplace, will be anchored by Harris Teeter, and Walgreens will be the property’s junior anchor. Lightfoot Marketplace is slated to open in the fall of 2015.

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