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Lingerfelt CommonWealth Acquires Lifestyle Retail Center in Hampton Roads, VA

May 16, 2016

Posted by PR Newswire on 5/13/2016

RICHMOND, Va., May 13, 2016 /PRNewswire/ — Lingerfelt CommonWealth Realty Partners, LLC today announced the acquisition of Towne Place at Greenbrier, a high-end Lifestyle Retail Center in the Greenbrier submarket of Hampton Roads, VA. The center was acquired for $15,550,000 and is 94.7% leased.

Towne Place at Greenbrier, constructed in 2007, consists of 76,827 square feet located in the heart of Hampton Roads’ largest retail submarket. Towne Place at Greenbrier is home to a diversified tenant base, including over 20 national and regional retailers such as Taste Unlimited, Jason’s Deli, Chico’s, Sola Salon, Jos. A. Bank, Moe’s Southwest Grill, and Surf Rider Restaurant, among others.

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