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Washington DC  + DC Metro  + Retail  |  May 30, 2023
Emily Fu
By: Emily Fu

Virginia Beach Walgreens Property Sold for $5M 

B+E, a brokerage and technology platform for net lease real estate, has arranged the sale of a Walgreens property in Virginia Beach, Virginia. The transaction was valued at $4.9 million and involved a private real estate investment trust as the buyer and a family office as the seller.  

Situated at 4768 Shore Drive, the property spans 14,560 square feet on 1.78 acres. B+E has a transaction platform that includes intuitive dashboards and an AI-driven exchange. This platform utilizes the data set in the net lease industry to provide market information.  

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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