Jefferson Plaza, a grocery anchored shopping center in Newport News, has sold for $7.88 million to Agree Realty Corp. The seller was DDR.
According to CBRE|Charlottesville, which helped broker the deal, Fresh Market is the anchor tenant at the 47,341-square-foot center at 12121 Jefferson Ave.
The co-anchor is a 17,883-square-foot Cost Plus World Market. Other tenants include Navy Federal Credit Union, McDonalds and Starbucks.