JULY 26, 2022
SOLD – Food Lion & Starbucks Anchored Center | Newport News, VA
Legacy Realty Group Advisors, LLC is pleased to announce the $10,600,000 off-market sale of Oyster Point Plaza, a 86,000 SF shopping center in Newport News, VA. The center is strategically positioned near I-64 and Jefferson Avenue (region’s busiest retailer corridor) and services the wealthy waterfront neighborhoods near Warwick Boulevard. Oyster Point Plaza is anchored by a strong preforming Food Lion that is Ranked by Placer AI in the 99th percentile amongst Food Lions in the entire chain.
Jacob Baruch of Legacy Realty Group Advisors, LLC represented both the buyer and seller in the transaction.
Legacy Realty Group Advisors, LLC is a commercial real estate firm based out of New York that specializes in off-market transactions across the United States. Legacy Realty Group Advisors, LLC establishes itself as a client-centric company with a comprehensive experience base and negotiation force that services purchasers and sellers alike. Our team of directors benefit from an expansive market knowledge with a proven track record that facilitates and has closed hundreds of transactions. Representing our clients with unparalleled efficiency, Legacy Realty Group Advisors, LLC provides invaluable advisory and brokerage insight to our clientele.