Cedar Shopping Centers has entered a definitive agreement to purchase four retail properties in Virginia for approximately $32.2 million, the company announced this week. The properties consist of two Ukrops supermarkets and two ancillary retail strip center properties in suburban Richmond and Fredericksburg, Va. The properties are being purchased from the owner/developer, the Silver Companies of Fredericksburg, and were fully leased at the time of the announcement. The properties include: --A free-standing Ukrops supermarket of approximately 43,000 sq. ft in Glen Allen (Richmond), Va., on an unsubordinated ground lease; --A Ukrops 63,000-square-foot supermarket on Rte 3 off Rte 95 in Fredericksburg, Virginia; --Virginia Center Commons, a 10,000-s...
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