GBT Sells Portion of 136,000-Square-Foot Shopping Center Near Richmond

Chester, Va. — GBT Realty Corp. has sold a part of Bermuda Square, a 136,000-square-foot retail center located in Chester, roughly 15 miles outside Richmond. GBT, which acquired the property in 2019, sold a portion comprising 77,850 square feet to a private investor in a $36.5 million transaction. Jordan Lex and Brad Peterson of JLL represented GBT in the sale. The center is fully leased to tenants including Hobby Lobby, Aspen Dental, Sleep Number, Raising Cane’s Chicken Fingers, Little Casesars and Domoishi.

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