Tag: Richmond

Calkain’s Fernandez Completes $8.35M Sale of Two Richmond MSA Retail Centers

Herndon, VA – Rick Fernandez, Senior Managing Director at Calkain Companies, recently completed the sale of the 90% leased, 12,336 square foot Courthouse Shops, located at 6921 Commons Plaza and the fully leased 19,876 square foot Cloverhill Shops, located at 13918 Hull Street, both properties are just south of Richmond, VA.  The centers are well-situated with national anchors and great visibility along main retail trade areas.  Calkain represented the seller in the $8.35M transaction that sold at a 7.56% cap rate to a private investment group out of Baltimore, MD.…

Traci BidingerCalkain’s Fernandez Completes $8.35M Sale of Two Richmond MSA Retail Centers