POWHATAN SHOPPING CENTER SELLS FOR $4.3 MILLION


RICHMOND, VA (August 2021) – S.L. Nusbaum Realty Co. is pleased to announce the sale of The Maxey Center, located at 3452 Anderson Highway in Powhatan, VA. Nathan Shor, Elliot Warsof, Thomas Langston, Chris Zarpas and Mike Zarpas represented the seller, JWN Properties, LLC.

S.L. Nusbaum Realty Co. previously provided leasing and management services for this 17,235 square foot, fully leased, medical-anchored shopping center. Tenants include Powhatan Medical Associates (Bon Secours St. Francis Medical Center), Edward Jones, Angela’s Italian Restaurant, ERA Napier and Powhatan Gentle Dentistry.

The property was purchased for $4,325,000 by Ruffin Mill, LLC, a local investor represented by Mike Carroll of General Land.

For more information, please contact: Nathan Shor, Senior Vice President, Regional Director, nshor@slnusbaum.com, 804.320.7600.

 

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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