Cushman & Wakefield | Thalhimer Arranges $6.2 Million Sale of Retail Portfolio in Richmond

The 22,580-square-foot Tower Plaza was 91 percent leased at the time of sale. The 22,580-square-foot Tower Plaza was 91 percent leased at the time of sale.

Richmond, Va. — Cushman & Wakefield | Thalhimer has arranged the $6.2 million sale of two-property retail portfolio in Richmond.

The first asset, Tower Plaza, totals 22,580 square feet and was 91 percent leased at the time of sale. The center is home to tenants such as El Paso Mexican Restaurant, Sherwin Williams and Organic Cleaners. The second property, Rockwood Plaza, was fully leased at the time of sale. The 38,954-square-foot retail center houses tenants such as Wolfgang’s Gym, Ballroom Dance Center and Antioch Christian Church. Catharine Spangler, Calvin Griffith and Richard Thalhimer of Cushman & Wakefield | Thalhimer represented the seller in the transaction. Other terms of the deal were not disclosed.

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