Industries Commercial Real Estate

Equitable Real Estate Partners makes another acquisition in Richmond

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Forest Avenue Office Portfolio courtesy of CBRE|Richmond

 

Equitable Real Estate Partners has purchased a two-building office portfolio on Forest Avenue in Richmond for $6.4 million.

With this transaction, the Miami-based real estate investment and development company owns seven buildings, with a total portfolio in Richmond’s Forest Office Park of over 300,000 square feet. 

According to CBRE|Richmond, which represented the seller, the class B Forest Avenue two-building portfolio totals 83,770 square feet.

The buildings are located in the Glenside/I-64 submarket, with convenient access I-64 and West End residential neighborhoods.

Tenants include Tuckahoe Orthopaedic, Virginia Cardiovascular, Westhampton Family Psychologists and Muscular Dystrophy Association.

CBRE|Richmond’s Will Bradley and Marc Allocca represented the seller.
 
CBRE’s David Wilkins and Matt Anderson will handle the leasing for the portfolio.




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