Richmond, Virginia: Michael B. Divaris, President of Divaris Real Estate, Inc. announced that 1200-1300 Concord Avenue Holdings, LLC, has sold Hungarybrook Shopping Center for $5.7 million.
Tags: food lion, investment sales group, richmond
Richmond, Virginia: Michael B. Divaris, President of Divaris Real Estate, Inc. announced that Mighty Oak, a subsidiary of GE Capital has sold Brookhill Azalea Shopping Center for $8.95 million. BSV Premier Brookhill, LLC., an investment partnership controlled by the principals of Broad Street and The Premier Companies acquired the 162,000-square-foot neighborhood retail center located at 5214 Chamberlayne Road in Richmond, Virginia.
Tags: investment sales group, richmond
Virginia Beach, Virginia: Michael B. Divaris, president of Divaris Real Estate Inc. (DRE), announced the sale of the 12,461-square-foot Marketplace Square Shopping Center, located at 5915 High Street West in Portsmouth, Va., to Victoria Holding Company, LLC for approximately $1.1 Million. Tenants at the property include Subway, Albano Cleaners and Reactions Hair Design.
Tags: investment sales group, portsmouth