GBT Bags First Investment in Richmond
GBT Realty Corp. has acquired Bermuda Square Shopping Center in Richmond, Virginia, for the Tennessee Firm’s first investment in the market.
Giant Foods Sells Shopping Center in Chester for $18.6M
Grocery retailer Giant Food Stores has sold the Bermuda Square shopping center in Chesterfield County that it bought two years ago. GBT Realty Corp., a Brentwood, Tenn.-based commercial development and investment company, acquired the 84,000-square-foot shopping center at Jefferson Davis Highway and West Hundred Road in Chester for $18.6 million in late November. The only […]
GBT Snaps Up Milwaukee-Area Retail
GBT Realty Corporation acquired West Allis Center, a 260,000-square foot neighborhood center in West Allis, WI, for $18.1 million. The three-building retail asset was owned by Retail Value Inc., an associated REIT of Ohio-based real estate investment firm SITE Centers Corp., formerly known as DDR Corp. Mid-America Real Estate brokered the sale. “You couldn’t ask […]