Manassas shopping center sells for $19.45M
Portsmouth Station is 78% leased
The Portsmouth Station Shopping Center in Manassas has sold for $19.45 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Monday.
The 147,305-square-foot shopping center is 78% leased to 20 tenants and anchored by Regency Furniture and Aldi. The property has two multitenant buildings and a corporately leased 7-Eleven outparcel.
Falls Church-based Petroleum Marketing Group acquired the shopping center on Oct. 15.
The transaction was completed by Catharine Spangler of Cushman & Wakefield | Thalhimer’s Capital Markets Group. The firm represented the seller. Sharon Schmidt and Berkley Mitchell with Thalhimer’s Fredericksburg office handle leasing representation for the shopping center.