CLOSED: Aquisition – Woodlawn Shopping Center

Woodlawn Shopping Center

Cohn Property Group in a partnership with Woodmont Properties has recently purchased the Woodlawn Shopping Center located at 8724-8772 Richmond Highway in the Alexandria submarket of Fairfax County. The 120,000 square foot shopping center on 8.55 acres was owned by Berkeley Plaza Associates for the last 28 years and the partnership purchased the shopping center on 7/1/16 for $13,750,000. Woodlawn Shopping Center presents a healthy in-place cash flow with the opportunity to add value through leasing, repositioning, and/or redevelopment.