Short Pump Station, the shopping center that includes Trader Joe’s grocery store, was sold last month from one out-of-town landlord to another.
New York-based Wafra Inc. sold the 12-acre property to Chicago-based Nuveen Real Estate for almost $55 million.
The center, which includes six buildings along 11331 W. Broad St., attracts 2.3 million annual visits, Wafra said, making it among the top 15% busiest shopping centers in the country. Ulta Beauty and Petco are two other major tenants.
Short Pump Station shopping center has been sold from one out-of-town landlord to another.
“Given its prime location and strong local appeal, I am confident this highly attractive retail destination will continue to thrive under its new ownership,” said David Hamm, head of real estate at Wafra.
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The shopping center, built in 2008, was assessed by Henrico County for about $41 million last year. Nuveen also owns the Creeks at Virginia Centre in northern Henrico, across Brook Road from the Henrico Sports & Events Center.
John Owendoff of Cushman & Wakefield and Catharine Spangler of Thalhimer represented the seller.
Despite the shift to buying online, shopping centers in western Henrico remain strong. Several have sold for high prices in the past two years.
A map of the stores available for Short Pump Station are seen.
Photos: State of the Commonwealth 2025
Lt. Gov. Winsome Earle-Sears and Speaker of the House Don Scott Jr., D-Portsmouth, speak as Gov. Glenn Youngkin gives the State of the Commonwealth address on Monday.
First Lady Suzanne Youngkin applauds Gov. Glenn Youngkin as he arrives before the State of the Commonwealth address, Monday, Jan. 13, 2025.
Gov. Glenn Youngkin said in an interview that the drop reflects a sharp decline in applications for rights restoration last year.
Gov. Glenn Youngkin gives the State of the Commonwealth address, Monday, Jan. 13, 2025.
Gov. Glenn Youngkin gives the State of the Commonwealth address, Monday, Jan. 13, 2025.
Gov. Glenn Youngkin gives the State of the Commonwealth address on Jan. 13.
Gov. Glenn Youngkin arrives before giving the State of the Commonwealth address, Monday, Jan. 13, 2025.
First Lady Suzanne Youngkin is applauded as she arrives before Gov. Glenn Youngkin’s State of the Commonwealth address, Monday, Jan. 13, 2025.
Gov. Glenn Youngkin arrives before giving the State of the Commonwealth address in the House chamber on Monday.
Pages look on as Gov. Glenn Youngkin speaks to members of the press after giving the State of the Commonwealth address, Monday, Jan. 13, 2025.
Members of Gov. Glenn Youngkin’s cabinet arrive before the State of the Commonwealth address, Monday, Jan. 13, 2025.
Gov. Glenn Youngkin speaks to members of the media after giving the State of the Commonwealth address on Monday.
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Gov. Glenn Youngkin gives the State of the Commonwealth address, Monday, Jan. 13, 2025.
Del. Luke Torian, D-Prince William, applauds as Gov. Glenn Youngkin gives the State of the Commonwealth address, Monday, Jan. 13, 2025.
Lt. Gov. Winsome Earle-Sears applauds as Gov. Glenn Youngkin gives the State of the Commonwealth address on Monday.
Gov. Glenn Youngkin speaks to members of the press after giving the State of the Commonwealth address, Monday, Jan. 13, 2025.
Gov. Glenn Youngkin gives the State of the Commonwealth address, Monday, Jan. 13, 2025.
Gov. Glenn Youngkin speaks to members of the press after giving the State of the Commonwealth address, Monday, Jan. 13, 2025.
Gov. Glenn Youngkin speaks to members of the press after giving the State of the Commonwealth address, Monday, Jan. 13, 2025.
Gov. Glenn Youngkin shakes hands with Sen. Louise Lucas, D-Portsmouth, before giving the State of the Commonwealth address on Monday.
Speaker of the House Don Scott, D-Portsmouth, speaks to members of the press after giving the State of the Commonwealth address, Monday, Jan. 13, 2025.
Del. Michael Jones, D-Richmond, listens as Gov. Glenn Youngkin gives the State of the Commonwealth address, Monday, Jan. 13, 2025.
Del. Michael Jones, D-Richmond, listens as Gov. Glenn Youngkin gives the State of the Commonwealth address, Monday, Jan. 13, 2025.
Del. Michael Jones, D-Richmond, rubs his eyes as Gov. Glenn Youngkin gives the State of the Commonwealth address, Monday, Jan. 13, 2025.
Gov. Glenn Youngkin gives the State of the Commonwealth address, Monday, Jan. 13, 2025.
Gov. Glenn Youngkin gives the State of the Commonwealth address, Monday, Jan. 13, 2025.
Lt. Gov. Winsome Earle-Sears; House Speaker Don Scott Jr., D-Portsmouth; and Sen. Louise Lucas, D-Portsmouth, applaud as Gov. Glenn Youngkin gives the State of the Commonwealth address on Monday.
Gov. Glenn Youngkin speaks to members of the press after giving the State of the Commonwealth address, Monday, Jan. 13, 2025.
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