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7575 Linton Hall Road
SOLD

Donald C Wood Of Federal Realty Investment Trust Acquires Retail Asset In Gainesville For $215M

7575 Linton Hall Road

Retail
665,000 SF
clock iconSold 46 days ago
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Summary

Sale
VIRGINIA
Retail
665,000 sqft

The Virginia Gateway retail center in Gainesville, VA, spanning 665,000 square feet, was acquired for $215 million by Federal Realty Investment Trust. The property, located at 7575 Linton Hall Road, boasts a diverse tenant mix, with notable occupants such as Giant Food, HomeGoods, Ulta Beauty, Total Wine & More, and Hobby Lobby.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $215,000,000
  • Buyer: Donald C Wood - Federal Realty Investment Trust
  • Square Footage: 665,000
  • Price per Square Foot: $323
  • Market: Gainesville, VA

Federal Realty Investment Trust, represented by Donald C Wood, completed the acquisition of the Virginia Gateway retail center in Gainesville, VA. The purchase included a 665,000-square-foot property, with a diverse tenant base that contributes to its 95% occupancy rate. Notably, the retail center excludes a Super Target and features anchor tenants like Giant Food and HomeGoods.

Details

Deal Summary
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SOLD
IMAGE: 06/04/2024 ADDRESS: 7575 Linton Hall Road MARKET: Gainesville, VA ASSET TYPE: Retail BUYER: Donald C Wood - Federal Realty Investment Trust SALE PRICE: $215,000,000 SF: 665,000 ~ PPSF: $323 NOTE: Federal Realty Investment Trust acquired the 665,000-square-foot Virginia Gateway retail center in Gainesville for $215 million. The property, 95% occupied and excluding a Super Target, features tenants like Giant Food, HomeGoods, Ulta Beauty, Total Wine & More, and Hobby Lobby.

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Address7575 Linton Hall Road

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