SOLD
Liberty Investment Partners Acquires The Shops At Wellesley Retail Center In Richmond, VA
3416-3470 Lauderdale Drive
Retail
42,318 SF
42,318 SF
Sold 259 days ago
Summary
Sale
VIRGINIA
Retail
42,318 sqft
Liberty Investment Partners has recently acquired The Shops at Wellesley, a neighborhood retail center located at 3416-3470 Lauderdale Drive in Richmond, VA. The property spans 42,318 square feet and was purchased for a total sale price of $10,100,000, resulting in a price per square foot of $239. The retail center currently boasts an impressive occupancy rate of 94.5%.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $10,100,000
- Square Footage: 42,318
- Price per Square Foot: $239
- Address: 3416-3470 Lauderdale Drive, Richmond, VA
In this deal, Liberty Investment Partners was represented by John Barker. Catharine Spangler from Cushman & Wakefield acted as the broker for the transaction.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Catharine Spangler & John Barker
DATE: 08/28/2023
ADDRESS: 3416-3470 Lauderdale Drive
MARKET: Richmond, VA
ASSET TYPE: Retail
BUYER: Liberty Investment Partners - John Barker
BROKER: Catharine Spangler - Cushman & Wakefield
SALE PRICE: $10,100,000
SF: 42,318 ~ PPSF: $239
NOTE: Liberty Investment Partners acquired The Shops at Wellesley in Richmond, VA for $10.1 million. The property is a 42,318-square-foot neighborhood retail center with a 94.5% occupancy rate.View on map
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Address3416-3470 Lauderdale Drive
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