Hackney Real Estate Partners Sells Grocery-Anchored Shopping Center On West Broad Street For $18.4M

Merchants Walk, a grocery-anchored shopping center spanning 219,972 square feet, has been sold in Richmond, Virginia. The property is located on West Broad Street and was sold for a total of $18.4 million.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $18,400,000
• Address: 7502 West Broad Street, Richmond, VA
• Market: Richmond, VA
• Square Footage: 219,972

Cushman & Wakefield, represented by Catharine Spangler and John Owendoff, played a crucial role in facilitating the sale of Merchants Walk. Hackney Real Estate Partners served as the seller in this transaction. With their expertise and experience, they successfully closed the deal at a price of $18.4 million.