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General Booth Plaza

General Booth Plaza is Fully Leased!

VIRGINIA BEACH, VIRGINIA: Cushman & Wakefield | Thalhimer is pleased to announce that General Booth Plaza is 100% leased. The 71,639 square foot grocery anchored retail building is a neighborhood center located 1615 General Booth Rd. in the Dam Neck trade area of Virginia Beach, Virginia. New tenants to join the center and achieve 100% occupancy are 615 Bar & Grill (2,400 sf), Cosmoprof (2,400 sf), & Vape Xotix (2,400 sf). Area tenants include Food Lion, Lidl, One Life Fitness, Big Lots and many more.  
Property owner Cedar Realty Trust is a national REIT that acquired General Booth Plaza through a portfolio acquisition and enlisted Cushman & Wakefield | Thalhimer to strategically lease the small shop vacancy after multiple years of stagnant leasing activity.  The last two years have seen Thalhimer successfully execute leases at or above market rates while diligently pursuing renewal agreements to lock in long term tenants.  Cedar Realty Trust has built a diverse portfolio of projects that focus on grocery anchored retail center.
David Tunnicliffe and Wick Smith of Cushman & Wakefield | Thalhimer are the exclusive leasing representatives and responsible for bringing the retail center to 100% occupancy.

Written on September 26, 2017