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REBusiness Online Nuveen Real Estate has paid $55 million, or $600.18/sf, for Short Pump Station, a 91,369-square-foot retail property in the Richmond, Va., suburb of Glen Allen, Va. The New York investor acquired the property from Wafra Inc., also of ...
The suburban Richmond property previously was owned by Columbia Sussex Corp. and had been encumbered by what then was a $27.7 million loan that was securitized through Wachovia Bank Commercial Mortgage Trust, 2006-C23. Lingerfelt purchased the loan for $18.4 million ...
98.9 percent occupied.
Westdale Real Estate Investment and Management of Dallas bought four of the properties: West Shore I, II and II, totaling 100,810 sf, and the 62,471-sf Grove Park I, all of which are in the Concourse at Wyndam submarket. And the ...
The three-story buildings, completed in 1999, are leased long-term to Capital One Services Inc.
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