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Home News Industries Real Estate Mixed-use Richmond building sells for $5.7M

Mixed-use Richmond building sells for $5.7M

1510 Lofts has 17 apartments and ground-floor retail

Published June 3, 2022 by Katherine Schulte

1510 Lofts photo courtesy Cushman & Wakefield | Thalhimer

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.

https://content.yudu.com/web/1sfs5/0A1shn6/June2022/index.html   Subscribe to Virginia Business. Get our daily e-newsletter.

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