Newport News, Va. — Inland Real Estate Income Trust Inc. has acquired Marketplace at Tech Center, a 210,000-square-foot newly constructed power center located in Newport News.
Richmond, Va. — Chicago-based Starwood Retail Partners is set to begin a $50 million redevelopment of Stony Point Fashion Park, a retail center located in Richmond.
Virginia Beach, Va. — CBRE|Richmond has arranged the $12 million sale of a Walgreens Pharmacy in Virginia Beach.
Williamsburg, Va. — Harrison, New York-based The Cotswold Group has acquired Williamsburg Crossing Shopping Center, a Food Lion-anchored 150,000-square-foot shopping center located in Williamsburg.
Fredericksburg, Va. — Coldwell Banker Commercial Elite has arranged the $4.6 million sale of a 13,900-square-foot retail building located in Fredericksburg.
Yorktown, Va. — KeyBank Real Estate Capital has secured a $20.4 million non-recourse, CMBS first mortgage for Village Square at Kiln Creek, a 267,021-square-foot grocery-anchored retail center located in Yorktown.
Roanoke, Va. — Cohen Financial has closed a $6 million acquisition loan for Southwest Plaza, a 94,184-square-foot Food Lion-anchored retail center located in Roanoke.
Charlottesville, Orange and Harrisonburg, Va. — Pizza Hut will open three new restaurants in Charlottesville, Orange and Harrisonburg over the next year.
Virginia Beach, Va. — Virginia Beach-based Wheeler Real Estate Investment Trust Inc. has acquired a portfolio of three grocery-anchored properties in North Carolina for $15.3 million.
Dulles, Va. — Lerner Enterprises has announced that Dulles Town Center, a 1.4 million-square-foot super-regional mall located in Northern Virginia, will add three new dining tenants, and a full-service bar at Regal Dulles Town Center 10 Cinemas.