Grosvenor has acquired Best Buy Metro Center, a 105,000-square-foot shopping center in Springfield, Va.

The value of the transaction was not disclosed.

The property, located on Frontier Drive, is anchored by Best Buy and PetSmart; other tenants include Bertucci’s, Starbucks, and Ulta.

Grosvenor acquired the property from RREEF, which was represented by R. William Kent and Gary Lawrence of CB Richard Ellis. The new ownership has selected Asadoorian Retail Solutions of Washington, D.C., to lease space within the center, and Chicago-based Mid-America to manage the center.

Grosvenor is a privately owned property development and investment group.


Send a Letter to the Editor for publication.
Send a comment or news tip to our newsroom.
Please include the headline of the story.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
We've updated our terms of use.Read them here×