News and
Blog

News and
Blog

Market Villas-RIC

Capital Markets Group Completes Sale of Market Villas for $3.925MM

RICHMOND, VIRGINIA: Cushman & Wakefield | Thalhimer’s Capital Markets Group has represented Lynx Ventures in the disposition of Market Villas, a 31-unit adaptive reuse apartment property located in downtown Richmond’s historic Shockoe Bottom neighborhood. The property includes first floor retail space steps from the 17th Street Farmer’s Market and was 94% leased at the time of sale. 
CJehn Partners acquired the asset for $3,925,000.  The transaction was completed by Calvin Griffith, Jeff Cooke, SIOR and Catharine Spangler of Cushman & Wakefield | Thalhimer.  

Written on December 4, 2019