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Southpark Shopping Center

Cushman & Wakefield | Thalhimer Capital Markets Group Completes Sale of Southpark Shopping Center

RICHMOND, VIRGINIA: Cushman & Wakefield | Thalhimer’s Capital Markets Group represented McCormick Realty Limited Partnership in the sale of Southpark Shopping Center. The 71,509 square foot regional center, built in 1989 and renovated in 2013, is adjacent to Southpark Mall in Colonial Heights, Virginia.  MCB Real Estate acquired the asset for $9,500,000.  The center was 100% leased at the time of the sale.  Tenants include Ashley Home Furniture, Books-A-Million, Chipotle and Jimmy John’s. 
The sale was completed by Catharine Spangler and Eric Robison of Cushman & Wakefield | Thalhimer, with leasing advisor Connie Jordan Nielsen assisting in the transaction.

Written on July 12, 2016