Maryland firm drops $5.6 million in Central Virginia
- May 13, 2019
A Maryland company is the new owner of a Chesterfield County strip mall.
DK Belvedere Shoppes LLC of Pikesville, Md., on Friday bought for $5.65 million The Shoppes at Belvedere at the intersection of Robious and West Huguenot roads in Midlothian, according to Cushman & Wakefield | Thalhimer.
Bogese Cos. was the seller in the deal for the unanchored strip center.
The 22,577-square-foot property was 90% leased to nine tenants at the time of the sale.
Thalhimer’s Catharine Spangler of the firm’s capital markets group and Thalhimer’s Pete Waldbauer and Nicki Jassy worked on the transaction.