WISTAR CENTER

In October, 2015, Larkspur acquired the 50,000 sq ft mixed-use Wistar Center in Richmond, VA. Wistar was 38% occupied at the time of acquisition with a combination of office and retail tenants.

Larkspur plans to renovate the exterior of the building, upgrade the street signage and improve the visibility of the center in order to drive occupancy back to historical levels. Larkspur believes Wistar will also benefit from the improving sub-market dynamics in the Parham Road/Staples Mill corridor in Northwest Richmond.

LOCATION

Richmond, VA

DEAL TYPE

REO

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