facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Virginia

/

Retail

/

Sale

/

12713 Braemar Village Plaza

Brian D. Kosoy's Sterling Organization Acquires Braemar Village Center In Bristow, VA For $31.4M
SOLDRetail

Brian D. Kosoy's Sterling Organization Acquires Braemar Village Center In Bristow, VA For $31.4M

$31,400,000

$281/SF

Building Size

111,635 SF

Asset Type

Retail

Closing

Dec 12, 2023

AI

Sterling Organization has acquired Braemar Village Center, a 111,635-square-foot grocery-anchored shopping center located at 12713 Braemar Village Plz in Bristow, VA, for a total of $31,400,000. The center was sold by Regency Centers.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $31,400,000
  • Square Footage: 111,635
  • Price Per Square Foot: $281
  • Address: 12713 Braemar Village Plz
  • Market: Bristow, VA

Brian D. Kosoy, representing Sterling Organization, acted as the buyer in this transaction, while Lisa Palmer, representing Regency Centers, acted as the seller.

It is worth noting that Braemar Village Center was acquired by Sterling Organization from Regency Centers at a purchase price of $31.4 million.

Players

Sterling Organization
Sterling OrganizationBrokerage

Brian Kosoy

Sterling Organization

Buyer

$927.1M

vol

17 deals

Buyer
Lisa Palmer

Lisa Palmer

Regency Centers

Seller

$804.6M

vol

12 deals

Seller

Market Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.51%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93