
Capital Markets Group Completes $19.7MM Sale of Seven Unit 7-Eleven Portfolio in Central Virginia
RICHMOND, VIRGINIA: Cushman & Wakefield | Thalhimer’s Capital Markets Group has represented the Seller in the disposition of seven freestanding 7-Eleven locations. The corporately leased portfolio consists of seven NN+ 7-Eleven gas and convenience locations situated throughout Central Virginia.
Affiliates of Equitas Investments acquired the assets on December 22, 2021, for $19,700,000. Sale negotiations were handled by Catharine Spangler of Cushman & Wakefield | Thalhimer’s Capital Markets Group along with John Pritzlaff of Thalhimer’s Charlottesville office.
About Cushman & Wakefield | Thalhimer
Thalhimer was founded in 1913 and currently has offices in Richmond, Newport News, Virginia Beach, Fredericksburg, Roanoke, Charlottesville, and Lynchburg, VA. The company has nearly 100 broker professionals and employs over 450 associates. Thalhimer represents, on behalf of its clients, a property portfolio of over 57 million leasable square feet, and management of over 30 million square feet of commercial property, and over 9,600 multifamily units. In 2020, Thalhimer completed over 1,700 transactions with a transactional volume more than $1.35 billion. Thalhimer is the region’s leading provider of comprehensive commercial real estate services. The firm offers comprehensive commercial real estate services including corporate services, investment sales, tenant representation, project management, asset management, and the sale and leasing of office, industrial and retail properties.
To learn more, visit www.thalhimer.com or follow @Thalhimer on Twitter.
Written on December 27, 2021