Cole Acquires Grocery-Anchored Center in Virginia

by Nate Hunter

Richmond, Va. — Martin’s Food anchors the 439,740-square-foot White Oak Village.

Richmond, Va.  — Laburnum Investment LLC has sold the 439,740-square-foot White Oak Village in Richmond to Cole Real Estate Investments for an undisclosed purchase price. Martin’s Food, JC Penney, OfficeMax and PetSmart anchor the regional shopping center. Sam’s Club, Target and Lowe’s shadow-anchor White Oak Village. PK Kamath of CBRE/Charlottesville, along with R. William Kent and Gary Lawrence of CBRE’s Washington, D.C., office represented the seller in the transaction.

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