
Thalhimer’s Capital Markets Group Completes $6.4M Sale of Virginia Center Station in Henrico County
RICHMOND, VIRGINIA, June 16, 2025 – Cushman & Wakefield | Thalhimer’s Capital Markets Group has represented the seller, HDJR Central, LLC & HDJR Central II, LLC, in the sale of Virginia Center Station located at 1070 Virginia Center Parkway in Henrico County, VA.
1070 Virginia Center Station is a 24,400 square foot, unanchored retail strip located along Brook Road (Route 1) in the Richmond, VA MSA. The property is 100% leased to seven national and regional operators including Chipotle, Mattress Firm, and Q BBQ. Originally constructed in 2006, the center is situated on ±4.89 acres within the Virginia Center Station retail development and adjacent to the larger Virginia Center Commons mall redevelopment.
Threelo, LLC purchased the investment property for $6,400,000. Sale negotiations were handled by Catharine Spangler of Cushman & Wakefield | Thalhimer’s Capital Markets Group. James Ashby IV and Annie O’Connor, long-time exclusive leasing representatives for the shopping center, assisted in the sale.
For Further Information Contact:
Catharine M. 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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