EagleBank Provides $71.5 Million in Financing to Rosenthal Properties for 4-Property Retail Acquisition in Richmond, VA
This portfolio, making up almost 583,000 square feet of retail space, is located in three submarkets of Richmond: Regency, Staples Mill, and the Midlothian West submarket.
- This portfolio, making up almost 583,000 square feet of retail space, is located in three submarkets of Richmond: Regency, Staples Mill, and the Midlothian West submarket.
- Anchor tenants for these properties include Walmart SuperCenter, The Fresh Market, Aldi and Wegmans.
- “During these turbulent times in the debt markets, EagleBank delivered on their commitment to fund this acquisition.
- A collection of grocery anchored assets of this quality is very difficult to replicate, so we are thrilled to have partnered with EagleBank,” said Glenn Rosenthal, President of Rosenthal Properties.