MIXED-USE DEVELOPER PURCHASES RICHMOND SHOPPING CENTER

by admin

RICHMOND, VA. — Chicago-based The Bond Cos. has acquired Beaufont Center, a 314,898-square-foot shopping center in Richmond, from GSC/Jon Perel, for $17 million. The center is situated on 47 acres at the intersection of Midlothian Turnpike and Chippenham Parkway. The property is anchored by a 169,876-square-foot space, occupied by a division of UPS. Plans for redevelopment are undetermined. Mike Dillon of Marcus & Millichap’s Chicago office, Michael Early of its Williamsburg, Va., office and Matthew Greenspon of its Charlotte, N.C., office were the sole brokers in the transaction.

You may also like