Retail

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Development | 4 Posts
Industrial | 1 Posts
Retail | 2 Posts
February
1

As part of an ongoing representation of BB&T in the region, Oakcrest Commercial Real Estate represented BB&T in sale of their building in Old Town Winchester Virginia.  The property was sold for $2.7 million dollars with the transaction closing December 22, 2017. You can read more about the sale in this article from the Winchester Star.  This sale is part of a growing trend in the banking industry of closing branches as technology improves making them less necessary. A recent article in Costar sheds light on this trend.

February
1

Toys R Us Closing up to 182 Stores but the Winchester Virginia location in safe for now. Read about the closures in this article from CoStar.

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