Real Estate

Trophy Office Tower In Richmond Changes Hands

by cpexecutive.com posted 5months ago 45 views
American Real Estate Partners sold the Class A downtown high-rise for a reported $77 million. : A decade after acquiring Riverside on the James in downtown Richmond, Va., American Real Estate Partners has found a new owner for the trophy office property. AREP sold the approximately 263,700-square-foot asset to Opal Holdings and walked away with $77 million, according to the Richmond Times-Dispatch.

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