Henrico shopping center sells for $21.7M
Mall was purchased by Canadian real estate investment firm.
The Colonnades West shopping center in Glen Allen was sold to Quebec, Canada-based Colterra Capital Corp. for $21.76 million, Divaris Real Estate Inc. announced Thursday.
Located on 14.73 acres of land, Colonnades West is 97.5% leased to anchor tenants Ross Dress for Less, Marshall’s, Office Max and Shoe Carnival. The 136,082-square-foot shopping center is located at the intersection of West Broad Street and Cox Road, across from the Innsbrook Corporate Center about five miles from Short Pump. oIt also has locations of CVS Pharmacy and The Men’s Wearhouse on its outparcels.
The seller was Los Angeles-based PF Colonnades Corp.
Read Goode and Cheryle Toy of Virginia Beach-based real estate company Divaris brokered the sale.