Colliers and Capstone Advisors are pleased to welcome Lotte Plaza Market to Olde Towne Shopping Center.
Lotte Plaza Market will occupy 45,268 square feet in the former Stein Mart space located at 7801 West Broad Street, Richmond, VA. The market will include a food court that will serve a variety of Asian dishes. This will be the grocery store’s first location in Richmond. Currently, they have 16 locations throughout Virginia, Maryland, Florida, and New Jersey.
Olde Towne Shopping Center is a 91,494 square foot shopping center located on West Broad Street. Other major tenants include Buffalo Wild Wings, Cycle Gear, and Tasty Crab.
Colliers’ Senior Vice Presidents, Robby Brownfield and Rob Black, handled the transaction on behalf of the landlord. Senior Vice Presidents, Harrison Hall and Peter Vick along with KLNB’s Michael Patz handled the transaction on behalf of the tenant.
About Colliers
Colliers is a leading diversified professional services and investment management company. With operations in 64 countries, our 17,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 27 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of 20% for shareholders. With annual revenues of $4.3 billion and more than $65 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.
