GBT Bags First Investment in Richmond
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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
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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
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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 […]