Willard Retail, Declaration Partners & Frankel Properties purchases Centreville, VA SC

CENTREVILLE, VA — A partnership between Bethesda, MD-based Willard Retail, New York-based Declaration Partners and Baltimore-based Frankel Properties has acquired Old Centreville Crossing, a 171,631 s/f, grocery-anchored shopping center in Centreville, seven miles west of Fairfax, VA.
The partnership purchased the property for $55.4 million from JBG Smith, a REIT based in Chevy Chase, MD. 
The partnership plans to complete minor renovations to the center. Old Centreville Crossing is located at 13810-13860 Braddock Rd. and situated on 16 acres along U.S. Route 29. Spa World and Korean-American supermarket chain H-Mart anchor the asset. 

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