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REBKEE BUYS 41-ACRE MIXED-USE SITE IN VA.

HENRICO, VA. — Richmond, Va.-based The Rebkee Co. has purchased a 41-acre, mixed-use development site, anchored by an 86,750-square-foot Kroger, located in the Short Pump area of Henrico. The seller was an affiliate of the Whitehall Street Real Estate Funds, managed by Goldman Sachs. Construction has started on 125,000 square feet of retail space, 85,000 square feet of which is pre-leased to Olive Garden, Bassett Furniture, Select Comfort and a Toys “R” Us/Babies “R” Us. Upon completion, the development will also feature 79 townhome lots, although no plans have been made for that portion of the site. Cushman & Wakefield | Thalhimer is the leasing agent and LF Jennings is the general contractor on the project.

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