Threelo LLC Acquires 24,400 Square Foot Retail Center In Glen Allen For $6.4 Million

The retail asset involved in this transaction is a fully leased property located at 1070 Virginia Center Parkway, Glen Allen, VA. The sale was completed for a transaction amount of $6,400,000, with a total square footage of 24,400 and a price per square foot of $262.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $6,400,000
• Sale Date: 06/18/2025
• Buyer: Threelo LLC
• Seller: HDJR Central LLC & HDJR Central II LLC
• Broker Representatives: Catharine Spangler, James Ashby IV & Annie O’Connor - Cushman & Wakefield | Thalhimer

Thalhimer’s Capital Markets Group facilitated the sale of Virginia Center Station, which is anchored by tenants such as Chipotle and Mattress Firm. This transaction showcases the active engagement of Cushman & Wakefield | Thalhimer in the retail market within the Glen Allen area.