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Home News Regions CRE_other_regions Bluefield shopping center sells for $2.5 million

Bluefield shopping center sells for $2.5 million

Published September 4, 2018 by Robert Powell, III

A shopping center in Bluefield has been sold for $2.5 million.

Cushman & Wakefield | Thalhimer’s Capital Markets Group said America’s Realty LLC, based in Pikesville, Md., acquired the College Plaza Shopping Center in Bluefield in a cash transaction.

The commercial real estate company said the 62,461-square-foot retail center was 78 percent leased to six tenants at the time of the sale.

An Ollie’s discount store is the anchor tenant for the shopping center, which also is near a Sam’s Club store. The seller was not identified.

The transaction was completed by Catharine Spangler of Cushman & Wakefield | Thalhimer’s Capital Markets Group, along with leasing adviser Jessica Johnson from Thalhimer’s Roanoke office.

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