Industries Commercial Real Estate

Williamsburg Outlet Mall will close at end of year.

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The Virginia Gazette in Williamsburg reports that the Williamsburg Outlet Mall at 6401 Richmond Road will close at the end of the year.  While the enclosed mall has 17 retailers, it was hard hit by the recession and has not been able to attract new retailers, a general partner of the mall told the newspaper. Current retailers include Famous Footwear and Big and Tall stores.

A limited liability partnership bought the outlet mall for $5.2 million in 2003, according to public property records. Today, the mall and land is assessed at $9.8 million.


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