WESTPARK SHOPPING CENTER SELLS FOR $23.3 MILLION IN VIRGINIA

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GLEN ALLEN, VA. — Dallas-based Westdale Real Estate Investment & Management has acquired Westpark Shopping Center in Glen Allen for $23.3 million. Situated on 14.7 acres at 9645 W. Broad St., the 176,973-square-foot retail center is 74 percent leased to tenants, including Martin's (former Ukrop's) and The Tile Shop. Richard Reid and Jim Hamilton and Mark Remington of Holliday Fenoglio Fowler represented the seller, a commingled fund managed by J.P. Morgan Investment Management, in the transaction.

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