Boosalis Properties is pleased to announce its representation of the buyer in the acquisition of The Shoppes at Haymarket, a 22,400-square-foot neighborhood shopping center located at 6711-6749 Lea Berry Way in Haymarket, Virginia.
The property recently sold for approximately $11.4 million and is fully leased to 13 tenants, with many occupants having operated at the center for more than two decades. The center benefits from a strong tenant mix and a strategic location adjacent to national retailers including Aldi and Planet Fitness.
Situated just minutes from Interstate 66, The Shoppes at Haymarket serves one of Northern Virginia’s fastest-growing communities and offers excellent visibility, accessibility, and long-term investment potential.
“Properties with stable occupancy, established tenants, and strong fundamentals continue to attract investor interest despite market challenges,” said George Boosalis, Principal Broker of Boosalis Properties.” The Shoppes at Haymarket presented a compelling opportunity in a high-growth corridor, and we were pleased to assist our client throughout the acquisition process.”
Boosalis Properties represented the buyer in the transaction and provided strategic guidance throughout the acquisition process.
As investor demand continues to focus on well-located retail assets with proven performance, transactions such as The Shoppes at Haymarket demonstrate the ongoing strength of quality neighborhood shopping centers throughout Northern Virginia.
Other reading:
Inside Nova Article: https://tinyurl.com/yc56jm9v
