Mid-Atlantic Commercial Real Estate announced the closing of a 10-property Class A office and retail portfolio consisting of 574,466 square feet at City Center at Oyster Point in Newport News, Virginia.
“While meticulously cared for under previous ownership, I have every confidence that the new ownership will bring a renewed energy and propel City Center at Oyster Point to true iconic status,” said Senior Vice President Monty Spencer, who brokered the transaction. “Locals and visitors alike will continue to enjoy this flagship destination of the Virginia Peninsula for a long time to come.”
Mid-Atlantic Commercial Real Estate specializes in the sale and leasing of all commercial asset classes, the assembly and development of raw land, and institutional investment opportunities. Mid-Atlantic is the Hampton Roads affiliate of TCN Worldwide, a consortium of leading independent commercial real estate firms, serving more than 200 markets globally.
