Chesterfield Towne Center Sells for $80M to Out-of-Town Buyers Mulling ‘Potential Redevelopment’

Chesterfield Towne Center sells for $80M to out-of-town buyers mulling ‘potential redevelopment’

RICHMOND, Va. Chesterfield Towne Center is now in the hands of out-of-town owners who are considering a redevelopment of the 1 million-square-foot mall.The mall sold Friday to a joint venture of New York-based investment firm JRE Partners and Anastacia AG, a Swiss company, according to an announcement from Pacific Retail Capital Partners, a Los Angeles-based firm thats taking over leasing and management of the property.Click here to continue rea…

Chesterfield Towne Center sells for $80M to out-of-town buyers mulling 'potential redevelopment'

The mall is approaching its 50th year in operation. (BizSense file photo) Chesterfield Towne Center is now in the hands of out-of-town owners who are considering a redevelopment of the 1 million-square-foot mall.  The mall sold Friday to a joint venture of New York-based investment firm JRE Partners and Anastacia AG, a Swiss company, according to an announcement from Pacific Retail Capital Partners, a Los Angeles-based firm that’s taking over le…