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VIRGINIA BEACH, VA. — Virginia Beach-based Wheeler Real Estate Investment Trust Inc. has acquired a freestanding retail property in Virginia Beach for $1.4 million. Wheeler purchased the 5,600-square-foot property from Fairfield Investors LLC. The retail property is fully leased to Starbucks Coffee and Verizon Wireless. Starbucks’ lease will expire in 2023 and Verizon’s lease will expire in 2022, both with three five-year options to renew. The property is located at the intersection of Providence and Kempsville roads.