United Hampshire US REIT Acquires Retail Property In Colonial Heights, Virginia For $26.25M

3107 Boulevard, Colonial Heights, VA, USA

$26,250,000

$155/SF

Building Size

168,326 SF

Asset Type

Retail

Closing

Dec 9, 2021

AI

United Hampshire US REIT has completed the acquisition of a retail property located at 3107 Boulevard in Colonial Heights, Virginia. The transaction was facilitated by JLL Capital Markets brokers Jordan Lex, Daniel Naughton, and Bill Moylan.

Summary of transaction details:

Property Type: Retail
Sale Price: $26,250,000
Square Footage: 168,326
Price per Square Foot: $156
Date: 12/09/2021
Address: 3107 Boulevard, Colonial Heights, Virginia
Market: Colonial Heights, Virginia
Buyer: United Hampshire US REIT
Seller: Berman Kappler Property
Brokers: Jordan Lex, Daniel Naughton, and Bill Moylan - JLL Capital Markets

The acquisition of the retail property by United Hampshire US REIT marks a significant transaction in Colonial Heights, Virginia. The property spans a total of 168,326 square feet with a sale price of $26,250,000, equating to a price per square foot of $156. The deal was finalized on 12/09/2021. Jordan Lex, Daniel Naughton, and Bill Moylan from JLL Capital Markets represented the buyer and seller in the transaction.

Players