MIDLOTHIAN CENTER SOLD BY REIT FOR $7 MILLION

by admin

RICHMOND, VA. — Allied Capital REIT has sold the 146,305-square-foot Midlothian Center to Midlothian Plaza Associates for $7 million. The property, located at the intersection of Wadsworth Drive and Midlothian Turnpike in Richmond, is 57 percent occupied by medical and retail service tenants. Eric Robison, Richard Thalhimer, James Ashby, IV, and C. Lee Warfield, III, of Thalhimer’s Richmond office brokered the sale.

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