ShopOne Centers REIT (ShopOne), a fully integrated U.S. retail shopping center investment, management and operating platform, together with its joint venture partners Pantheon and a leading global institutional investor, announced the acquisition of Staples Mill Plaza, a 70,147-square-foot grocery-anchored shopping center located in Richmond, Va. This acquisition marks ShopOne's second property in Virginia and its first in the Richmond MSA.
Situated at the intersection of Staples Mill Road and Hungary Spring Road, Staples Mill Plaza is anchored by a tenured and high-performing Food Lion that has occupied the property for nearly 40 years. The center boasts a diverse mix of national and regional operators, including Subway, Pizza Hut and Hair Cuttery. Located 7.5 miles from downtown Richmond, the center benefits from excellent accessibility and visibility.
“Staples Mill Plaza is a prime neighborhood retail asset anchored by a top-performing grocer and supported by a co
