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Washington DC & Mid-Atlantic  + Baltimore  |  September 17, 2024
Jasmine Kilman
By: Jasmine Kilman

Cushman & Wakefield Arranges Sale of Publix-Anchored Center

Cushman & Wakefield has arranged the sale of White Oak Village Center, a 397,605-square-foot Publix-anchored shopping center in Richmond, Virginia.

John Owendoff of Cushman & Wakefield and Catharine Spangler of Cushman & Wakefield | Thalhimer represented the seller in the transaction. The property was purchased by Triple BAR White Oak, LLC. White Oak Village Center is located at 4501-4591 Laburnum Avenue and was 94% leased at the time of sale. The shopping center is anchored by Publix, Michaels, PetSmart, and JCPenney.

“White Oak Village offers an attractive combination of cash flow durability, national tenancy, and multiple near and long-term value-add strategies in a regionally dominant retail node,” said Owendoff. “Richmond remains one of the fastest growing markets on the East Coast due to its strong local economy and high quality of life,”

Read More News Stories About: Cushman & Wakefield
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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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