AmCap Completes Sale of $47 Million Grocery-Anchored Shopping Center in Virginia

STAMFORD, CT September 3, 2021 – AmCap Management, LLC, a leading vertically integrated private equity real estate firm, is pleased to announce the sale of Short Pump Station, a 91,369-square-foot, grocery-anchored, shopping center in the Richmond, Virginia suburb of Glen Allen.  The final sales price was $46,750,000. 

“Short Pump is one of the many outstanding grocery-anchored shopping centers within the AmCap portfolio,” said Jake Bisenius, AmCap’s President and CIO. “The property is anchored by one of the top-performing Trader-Joes, Ulta’s and Petco’s complemented by a diverse and robust group of tenants including Longhorn, Five Below and Chop’t. We are incredibly proud of the entire Short Pump/AmCap team for successfully executing the value-add business plan and creating an exceptionally profitable necess