RICHMOND, VIRGINIA, October 30, 2025 – Cushman & Wakefield | Thalhimer announced that they have arranged the $7,550,000 sale of Emporia Marketplace, a 79,070 square foot Food Lion-anchored shopping center located just off Interstate 95 in Emporia, Virginia, on behalf of 95/58 Emporia Partners, LLC and PECK Properties based in Richmond, VA.

Catharine Spangler of Cushman & Wakefield | Thalhimer represented the seller in the disposition. Richard Thalhimer and Jim Ashby, with Thalhimer’s retail team, have handled leasing the property for over a decade and also assisted in the sale.

“Proven grocery anchored product with credit co-tenancy in secondary markets with limited competition continues to attract quality investors. Emporia Marketplace benefits from durable tenancy, high visibility, and consistent consumer traffic, making it the dominant performer in its trade area”, says Spangler.

Situated at the signalized intersection of VA Route 58 and Market, the shopping center boasts ideal visibility and access. The center was 100% leased at the time of the sale to a dynamic mix of regional and national credit tenants including Family Dollar, Bealls, VA ABC, and Hibbett’s Sporting Goods. Food Lion has occupied its space at the property since 1994.

For Further Information Contact:
Catharine Spangler
Senior Vice President, Capital Markets Group
+1 804 344 7140
catharine.spangler@thalhimer.com

About Cushman & Wakefield | Thalhimer
Thalhimer was founded in 1913 and currently has offices in Richmond, Newport News, Virginia Beach, Fredericksburg, Roanoke, Charlottesville, and Lynchburg, Virginia. The company has nearly 100 broker professionals and employs approximately 530 associates. Thalhimer represents, on behalf of its clients, a property portfolio of 54 million leasable square feet, management of more than 28 million square feet of commercial property, and nearly 12,000 multifamily units. In 2024, Thalhimer completed over 1,800 transactions with a transactional volume of more than $1.96 billion. Thalhimer is the region’s leading provider of 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.

Thalhimer’s Capital Markets Group is the region’s leading investment sales team made up of professionals focused solely on capital markets and the sale of income producing properties throughout Virginia. The team is experienced in office, industrial, retail and multi-family dispositions and since 2012 has completed 424 transactions totaling over $6.2 billion and over 66 million square feet.
To learn more, visit www.thalhimer.com.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.
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