EastGate Town, LLC Acquires Retail Property In Richmond, Virginia For $18.3M

The retail property located at 4905-4995 Nine Mile Road in Richmond, Virginia has been sold in a transaction. The property spans a total area of 117,773 square feet and was sold for a price of $18,300,000, resulting in a price per square foot of $155. The sale took place on 12/02/2021.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $18,300,000
• Date: 12/02/2021
• Address: 4905-4995 Nine Mile Road
• Market: Richmond, Virginia
• Buyer: EastGate Town, LLC
• Seller: Eastgate Town Center, LLC
• Buyer's Representative: The Premier Companies
• Seller's Representatives: Mark Williford & Will Bradley - Colliers

The buyer, EastGate Town, LLC, was represented by The Premier Companies. On the other hand, the seller, Eastgate Town Center, LLC, was represented by Mark Williford and Will Bradley, who work at Colliers.