Grocery-Anchored Shopping Center In Newport News Sells For $7.8 Million

7/11/17

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.

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