Archive for Richmond

Aug
18

Ground Leased Bank of America Branch Sold

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Berkeley Capital Advisors is pleased to announce the sale of the Ground Lease to Bank of America in Richmond, VA for $2.05MM, completing a 1031 tax exchange. The property is located at 7203 Midlothian Turnpike and had 7 years remaining on the lease at time of sale. The parcel is 1.324 acres.

Steve Horvath of Berkeley Capital exclusively represented the Seller.

Categories : Richmond
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