Cushman & Wakefield | Thalhimer awarded 318,0000-square-foot portfolio in Richmond area
- March 30, 2017
Berman Kappler Properties has selected Cushman & Wakefield | Thalhimer to provide property management services for a 318,0000-square-foot, three-property portfolio in the Richmond metro area.
One of the properties is Colonial Square Shopping Center, a 175,000- square-foot retail center at 3107 Boulevard in Colonial Heights. According to Thalhimer, the center is soon to be anchored by Publix Supermarkets upon completion of store renovations, which are expected to be done by September.
The second property is Centralia Crossing Shopping Center, a 48,000- square-foot retail center at 9801 Chester Road in Chester. Its anchor tenant is a Food Lion supermarket. Berman Kappler said it has plans to expand the center for a total of 100,000 square feet by developing the adjoining eight acres of land it owns. Jerad Nielsen Thalhimer’s Richmond office is the portfolio manager for both retail centers.
The third property is the Bookbindery Building, located in the heart of Richmond’s Museum and Fan District at 2201 West Broad St. Constructed in 1900, the building is a renovated 60,000-square-foot office building with a 170-car parking garage. Mark E. Douglas of Thalhimer’s Richmond office is the exclusive leasing representative, and Nielsen is the portfolio manager.
Berman Kappler Properties, a real estate development company based in Vienna, has acquired and developed more than 2 million square feet of office and retail properties since 1995.