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The Ridge Shopping Center Sold | Richmond News
The Ridge Shopping Center in Henrico County just sold for $29.3 million — a big jump from its last valuation — to ShopOne Centers, a New York firm specializing in grocery-anchored malls. This marks the third time in seven years the property has changed hands via out-of-town investors, highlighting the fast-paced, high-stakes world of commercial real estate. With anchors like The Fresh Market, Chick-fil-A, and Shawarma Bistro, the 101,000-square-foot center is 88% occupied and part of a booming market where retail assets continue to attract major private equity players. Listen in comfort:Get a…
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