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Manassas, Va. — The JCR Cos. has acquired Signal Hill Shopping Center, a 105,781-square-foot shopping center located in the Washington, D.C., suburb of Manassas, for $22.6 million.
JCR Cos. purchased the property from Regency Centers in an off-market transaction. Sandy Spring Bank provided acquisition financing. The center is home to tenants including Shoppers Food Warehouse, GameStop, Glory Days Grill, Panera Bread and Chick-Fil-A. JCR has sold the Chick-Fil-A to an undisclosed buyer for $2.25 million.