Broad Street Realty, Inc Acquires Midtown Row in Williamsburg, VA
February 22, 2022 at 10:15 am
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Broad Street Realty, Inc. announced the acquisition of Midtown Row in Williamsburg, Virginia for $122 million. The mixed-use property is a recently completed development comprised of 240 student housing units with 620 beds and a retail component of 63,573 square feet of gross leasable area. The Midtown Row Acquisition is subject to customary closing conditions, and the Company expects to close the Midtown Row Acquisition by the end of the second quarter of 2022.
There can be no assurances that these conditions will be satisfied or that the Company will complete the Midtown Row Acquisition on the terms described herein or at all.
Broad Street Realty, Inc. is a fully integrated and self-managed real estate company. The Company is focused on owning and managing essential grocery-anchored and mixed-use assets located in densely populated technology employment hubs and higher education centers within the Mid-Atlantic, Southeast, and Colorado markets. The services offered by the Company include tenant representation, investment and user sales, property management, consulting services, asset management, development/project management, and property listings. In addition, it provides commercial real estate brokerage services for its own portfolio and third-party office, industrial and retail operators and tenants. The Companyâs portfolio of properties includes Avondale Shops, Brookhill Azalea Shopping Center, Coral Hills Shopping Center, Crestview Square, Cromwell Field Shopping Center, Highlandtown Village Shopping Center, Lamar Station Plaza, Hollinswood Shopping Center, The Shops at Greenwood Village, among others.
BROAD STREET REALTY, INC. 
