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SVN Stone Commercial Real Estate is pleased to announce the sale of 3120 -3180 Richmond Road, Lexington, KY.
Matt Stone, CCIM, MBA, SIOR, Justin Ryder, CCIM, and Nathan Dilly of SVN Stone Commercial Real Estate successfully represented the Don Franklin auto group in the disposition of one of Lexington’s most central retail locations Jim Powell of The Gibson Company represented the buyer in this transaction.
Throughout the marketing process SVN Stone Commercial tackled many challenges including a call for offers, leasing prospects, and finally a multiple offer situation which ultimately lead to the disposition.
The sale of this 217,292 sf shopping center is a win-win-win for the city Lexington, with the seller & buyer being two local businesses — both with a major presence in the retail landscape of Lexington.