KLNB Retail Arranges $15.9 Million Sale of Retail Center in Virginia

Pleasant Valley Marketplace was fully leased at the time of sale to tenants such as Hobby Lobby, Staples, Dollar Tree, Jimmy John’s, Cici’s Pizza and Verizon Wireless. Pleasant Valley Marketplace was fully leased at the time of sale to tenants such as Hobby Lobby, Staples, Dollar Tree, Jimmy John’s, Cici’s Pizza and Verizon Wireless.

Winchester, Va. — KLNB Retail’s investment sales group has arranged the $15.9 million sale of Pleasant Valley Marketplace, a 104,703-square-foot retail center located in Winchester.

Andy Stape and Vito Lupo of KLNB Retail represented the seller, Pleasant Valley Marketplace LLC, and the undisclosed 1031 buyer in the transaction. Built in 1995, Pleasant Valley Marketplace was fully leased at the time of sale to tenants such as Hobby Lobby, Staples, Dollar Tree, Jimmy John’s, Cici’s Pizza and Verizon Wireless.

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