11500 West Broad Street Richmond, VA 23233
240,000 SF open-air center anchored by Regal Cinemas and Barnes & Noble. Completed in 1998, it is located in the upscale and heavily populated West End suburb adjacent to the 1.2 million SF Short Pump Town Center.
Sold in 2000 for lowest cap rate to that date in the Richmond market.
Broke all market rent numbers of similar assets in the trade area.
Constructed first stadium seating movie theatre in Richmond in the midst of Regal’s bankruptcy reorganization.