The transaction involves a retail asset located at the NEC of West Grand Pkwy S & W Airport Blvd in the Richmond market. The total square footage of the property is 87,502. This lease agreement was facilitated by NewQuest Properties, the landlord, securing notable tenants for the space.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Landlord: NewQuest Properties
• Tenant: Dick’s Sporting Goods & Havertys
• Landlord's Representative: David Meyers & Josh Friedlander - NewQuest Properties
• Tenant's Representative: Matt Reed & Greg Bracchi - SHOP Cos; Mark Reeder, Ed Heap, Jonathan Probst & Ryan Johnson - SRS Real Estate

NewQuest Properties has secured leases with Dick’s Sporting Goods for a substantial 60,249 square feet and Havertys Furniture for 27,253 square feet. Dick’s Sporting Goods is scheduled to open in Q4 2026, while Havertys is set for Q3 2026, bringing the total number of tenants in the development to 11.