Henrico strip mall, industrial buildings sell for $7.25M

Wistar Center portfolio is on Staples Mill Road

Published May 4, 2023 by Courtney Mabeus-Brown

Fernau LeBlanc Investment Partners has sold Wistar Center, a three-building flex industrial and retail portfolio, in Henrico County, to Prudent Growth Partners LLC  for $7.25 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced.

The portfolio, at 8101-8157 Staples Mill Road, consists of approximately 49,092 total square feet, including a 20,436-square-foot Class A retail strip center and two flex industrial buildings totaling 28,656 square feet. Its 20 tenants include a diverse group of flex and retail occupiers, including health care, service retailers, commercial contractors and cybersecurity firms.

Prudent Growth Partners LLC acquired the property on April 27. Sale negotiations were handled by Bo McKown, Catharine Spangler, and Eric Robison of Cushman & Wakefield | Thalhimer’s Capital Markets Group.

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