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centrailia crossing
50,000 Rentable Square Feet
Chesterfield County, Virginia

This community shopping center, anchored by Food Lion, is strategically located directly off the exit of Route 288, a major freeway, in an affluent suburb of Richmond, Virginia. The property was in need of major improvements, so immediately after acquisition, Berman Kappler implemented a major renovation program. As a result, customer traffic increased which in turn increased sales for Food Lion and other tenants including Papa John’s Pizza.

VALUE ACHIEVED

  • Acquired the property significantly below appraised value.
  • Implemented an extensive refurbishment program, which has significantly enhanced the marketability of the center.
  • Reduced operating expenses.

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BERMAN KAPPLER PROPERTIES, LLC • 8000 TOWERS CRESENT DRIVE • SUITE 1300 • VIENNA, VIRGINIA 22182
TEL: 703-556-3242 • Copyright 2014 Berman Kappler Properties, LLC All Rights Reserved