DK Greengate, LLC Acquires Mixed-use Development In Henrico, VA For $31M

A mixed-use development located at 12171 West Broad Street in Henrico, VA has been sold for $31,000,000. The property spans 96,745 square feet and was purchased by DK Greengate, LLC from GreenGate Commercial. The sale price translates to a per-square-foot value of $320.

Summary of transaction details

• Property Type: Mixed-use Development
• Transaction Amount: $31,000,000
• Address: 12171 West Broad Street, Henrico, VA
• Market: Henrico, VA

The transaction was facilitated by the brokerage team of Peter Vick and Harrison Hall from Colliers. They represented both the buyer, DK Greengate, LLC, and the seller, GreenGate Commercial, in the deal.