Downtown properties closed by Mid-Atlantic Mall


NEWPORT NEWS, Virginia, December 29, 2021 (GLOBE NEWSWIRE) – Mid-Atlantic Commercial Real Estate is pleased to announce the closing of a portfolio of 10 Class A office and retail buildings consisting of 574,466 sq. Ft. In the center -City of Oyster Point in Newport News, Virginia.

According to Senior Vice President Monty Spencer, who negotiated the transaction, “It was a privilege to represent the partnership in the sale of City Center to Oyster Point. Although carefully maintained under the previous ownership, I have every confidence that the new property will bring renewed energy and propel downtown Oyster Point to true iconic status. Locals and visitors alike will continue to enjoy this flagship destination on the Virginia Peninsula for a long time to come. ”

“The size of this transaction is another example of the capacity and breadth of talent at Mid-Atlantic Commercial Real Estate,” said Jonathan Guion, Managing Broker for Mid-Atlantic Commercial. “We are very proud that Mid-Atlantic has always been and remains over the years one of the leading commercial real estate leaders in the entire Hampton Roads market. ”

Mid-Atlantic Commercial Real Estate specializes in the sale and rental of all classes of commercial assets, the assembly and development of rough land and institutional investment opportunities. Mid-Atlantic is the Hampton Roads affiliate of TCN Worldwide, a consortium of leading independent commercial real estate companies, serving more than 200 markets around the world.

Mid Atlantic Commercial Real Estate

110 Mid Atlantic Place Yorktown, Virginia 23693

www.midatlanticcommercial.com

757-867-8777

Related images

Image 1: Fountains in the city center

Image 2: Aerial of the city center

Image 3: Fountain in the city center

Image 4: Buildings in the city center

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