{"id":1004119571,"date":"2015-05-18T08:02:52","date_gmt":"2015-05-18T16:02:52","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=346256"},"modified":"2020-05-18T22:56:26","modified_gmt":"2020-05-19T06:56:26","slug":"capital-square-realty-advisors-buys-richmond-retail-building","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/capital-square-realty-advisors-buys-richmond-retail-building\/","title":{"rendered":"Capital Square Realty Advisors Buys Richmond Retail Building"},"content":{"rendered":"<p style=\"text-align: justify;\"><em>By Adrian Maties, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify;\">Capital Square Realty Advisors LLC continues to expand its portfolio of properties. At the start of the month, the Innsbrook-based real estate investment firm announced the acquisition of a retail building in Richmond.<\/p>\n<p style=\"text-align: justify;\">The property offers 24,000 square feet of space. It is located at 2000 Old Brick Road, within West Broad Village, a mixed-use urban development in Richmond\u2019s West End submarket. Capital Square purchased it from Markel | Eagle Partners for $5.8 million, according to <em><a href=\"https:\/\/www.richmondbizsense.com\/2015\/05\/05\/local-real-estate-funds-strike-a-deal-at-west-broad-village\/\" rel=\"nofollow\" >Richmond BizSense<\/a>.<\/em> This is Capital Square\u2019s second acquisition in Richmond; last year, the company paid $6.8 million to buy the Virginia Women\u2019s Center building in Mechanicsville.<\/p>\n<p style=\"text-align: justify;\">In a news release, Louis Rogers, founder &amp; CEO of Capital Square, said the property is fully leased on a long-term, triple-net basis to Golfsmith USA LLC, an affiliate of Golfsmith International, one of the largest specialty golf retailers in the world. Rogers also praised the building\u2019s location within West Broad Village. The $300 million urban development occupies approximately 115 acres of land. In addition to brownstones, townhouses and apartments, it includes office and retail tenants, among them Whole Foods Market, REI, the Children\u2019s Museum of Richmond, Kona Grill, Dave &amp; Busters and The Wine Loft. It also boasts a Starwood Hotel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Capital Square Realty Advisors LLC continues to expand its portfolio of properties. At the start of the month, the Innsbrook-based real estate investment firm announced the acquisition of a retail building in Richmond.<\/p>\n","protected":false},"author":925,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,36153],"tags":[],"class_list":["post-1004119571","post","type-post","status-publish","format-standard","hentry","category-latest","category-richmond-hampton-roads"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Capital Square Realty Advisors Buys Richmond Retail Building - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/capital-square-realty-advisors-buys-richmond-retail-building\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Capital Square Realty Advisors Buys Richmond Retail Building\" \/>\n<meta property=\"og:description\" content=\"Capital Square Realty Advisors LLC continues to expand its portfolio of properties. At the start of the month, the Innsbrook-based real estate investment firm announced the acquisition of a retail building in Richmond.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/capital-square-realty-advisors-buys-richmond-retail-building\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-05-18T16:02:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-19T06:56:26+00:00\" \/>\n<meta name=\"author\" content=\"Adrian Maties\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/capital-square-realty-advisors-buys-richmond-retail-building\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/capital-square-realty-advisors-buys-richmond-retail-building\\\/\"},\"author\":{\"name\":\"Adrian Maties\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"headline\":\"Capital Square Realty Advisors Buys Richmond Retail Building\",\"datePublished\":\"2015-05-18T16:02:52+00:00\",\"dateModified\":\"2020-05-19T06:56:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/capital-square-realty-advisors-buys-richmond-retail-building\\\/\"},\"wordCount\":215,\"commentCount\":0,\"articleSection\":[\"News\",\"Richmond\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/capital-square-realty-advisors-buys-richmond-retail-building\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/capital-square-realty-advisors-buys-richmond-retail-building\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/capital-square-realty-advisors-buys-richmond-retail-building\\\/\",\"name\":\"Capital Square Realty Advisors Buys Richmond Retail Building - 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