Developer sells GreenGate medical office building for $18M (, 1.7.21)

Markel | Eagle Partners had about 18 million new reasons to celebrate the new year.

The real estate-focused private equity firm and developer of GreenGate last week sold the Short Pump-area project’s medical office building at 3400 Haydenpark Lane for $17.95 million, Henrico property records show.

The buyer was Nashville-based Montecito Medical Real Estate. The 49,000-square-foot building was completed in 2018 within the 75-acre mixed-use development just west of Short Pump Town Center.

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With over 115 years of expertise in the real estate industry, S.L. Nusbaum Realty Co. manages, develops and provides sales and leasing services for shopping centers, apartment communities, office, industrial and investment properties throughout the Mid-Atlantic and Southeast.

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