Mixed-use Richmond building sells for $5.7M
1510 Lofts has 17 apartments and ground-floor retail
A mixed-use building in Richmond sold for almost $5.73 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Tuesday.
Located at 1508 through 1510 W. Broad St., the 1510 Lofts has 10,600 square feet of retail and 17 one- and two-bedroom apartments that are 100% leased. Foot Locker leases 44% of the ground floor.
JDL Management, a New York-based private real estate firm, bought the property from TRP Firestone LLC, an entity associated with Thalhimer Realty Partners. Bo McKown and Cath Spangler, from Cushman & Wakefield | Thalhimer’s Capital Markets Group, represented the seller.