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Olde Towne Shopping Center Welcomes Lotte Plaza Market

Olde Towne SC

RICHMOND, VA, June 27, 2022 – Colliers and Capstone Advisors are pleased to welcome Lotte Plaza Market to Olde Towne Shopping Center. 

Lotte Plaza Market will occupy 45,268 square feet in the former Stein Mart space located at 7801 West Broad Street, Richmond, VA. The market will include a food court that will serve a variety of Asian dishes. This will be the grocery store’s first location in Richmond. Currently, they have 16 locations throughout Virginia, Maryland, Florida, and New Jersey. 

Olde Towne Shopping Center is a 91,494 square foot shopping center located on West Broad Street. Other major tenants include Buffalo Wild Wings, Cycle Gear, and Tasty Crab.   

Colliers’ Senior Vice Presidents, Robby Brownfield and Rob Black, handled the transaction on behalf of the landlord. Senior Vice Presidents, Harrison Hall and Peter Vick along with KLNB’s Michael Patz handled the transaction on behalf of the tenant.

 

Related Experts

Robby Brownfield

Senior Vice President

Richmond - North

Robert Brownfield has been a member of the Retail Brokerage Services Group since 1996 and earned his associate broker's license in 2002. He works in landlord and disposition services as well as tenant representation, market analysis and retail property and investment sales.

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Rob Black

Senior Vice President

Richmond - North

Mr. Black has over 30 years of experience in the commercial real estate industry as a manager and broker. He primarily focuses on Tenant representation and site sourcing. Mr. Black has completed a number of Investment Sales transactions. Previously, he was Director of Retail Leasing for Robinson Sigma Commercial Real Estate. Mr. Black was also Senior Vice President and Director of Retail Services for CBRE|Richmond. He is presently Senior Vice President with Colliers International. He has received production awards for the last 17 years. Mr. Black was a Top 10 Producer for the Richmond Office in 2008, 2010 and 2016. He was awarded the GRACRE Retail Deal of the Year for 2014 and 2016.


Rob is presently working with CMX, Cinebistro and Cobb Theatres securing sites in the Southeast. He exclusively represents Discount Tire, Floor & Décor, Sola Salons, Capital One, NAPA, Haverty’s, Boot Barn, and Second Charles for expansion in Virginia.

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Peter Vick

Senior Vice President

Richmond - North

As Senior Vice President and Co-Director of the Retail Services Team, Peter Vick specializes in site selection, tenant and landlord representation, land sales and investment sales.

Peter has handled project leasing for existing and ground-up developments. Recent signature assignments include West Broad Village, The Row at GreenGate, Libbie Mill Midtown, and Winterfield Crossing, all mixed-use projects located in Richmond, VA. He has handled the disposition of numerous commercial investment sales that include grocery anchored shopping centers as well as single tenant NNN sales. Working with numerous local and national retailers, Peter has been involved in the leasing of over three million square feet of commercial space and the disposition/acquisition of over $300M in sales.

Peter is responsible for the leasing of a portfolio consisting of four million square feet of retail space throughout Virginia for clients that include, Sauers Properties, Site Centers, Markel Eagle, Rebkee Properties, Gumenick Properties, Blackwood Development, Spy Rock Real Estate Group, Sugar Oak Properties, Riverstone Properties, Colterra Capital, Pruitt Companies, Frontier Development, W.S. Carnes, Premier Companies and numerous other local, Regional and National Landlords and Developers. Additionally, Peter is part of the Colliers team that overseas the National retail expansion of LL Flooring (Lumber Liquidators).  

Prior to joining Colliers, Peter was Senior Vice President of Retail Sales and Leasing at Divaris Real Estate in Richmond, VA. Before that, Peter began his real estate career in 2008 with The Wilton Companies in their third-party brokerage department. In 2010, he joined NAI Eagle as a founding partner and principal.

 

Notable Tenant Transactions
• Lidl
• Bloomin’ Brands
• Diamonds Direct
• Golfsmith
• Crunch Fitness
• Verizon
• TitleMax
• Burger King
• McDonald’s
• Mellow Mushroom
• Richmond Restaurant Group
• EAT Restaurant Partners
• Starbucks
• Xfinity
• Kona Grill
• Cook Out
• Zaxby’s
• Chipotle
• First Watch
• Hand and Stone
• Bon Secours
• Venture X
• VA ABC
• Food Lion
• Crunch Fitness
• Hibbett Sports
• Chipotle
• Panda Express
• Lumber Liquidators

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Harrison Hall

Senior Vice President

Richmond - North

As Senior Vice President and Co-Director of the Retail Services Team, Harrison specializes in retail site selection, landlord and tenant representation, land assemblage, land sales and investment sales.

His intimate knowledge and experience in the industry has afforded opportunities to work with tenants including Whole Foods, Lidl, Bloomin’ Brands, Diamonds Direct, Golfsmith, Crunch Fitness, Verizon, TitleMax, Burger King, McDonald’s, Rite Aid, Mellow Mushroom, Richmond Restaurant Group, EAT Restaurant Partners, Starbucks, Xfinity, Kona Grill, Cook Out, Zaxby’s and many other high profile national and local tenants. He has also worked on both the acquisition and disposition side of numerous investment sale transactions varying from grocery-anchored retail centers to single-tenant, triple-net properties. Harrison has been involved in the leasing of over four million square feet of commercial space and the disposition/acquisition of over $300M in sales.

Recent signature assignments include West Broad Village, The Row at GreenGate, Libbie Mill Midtown and Winterfield Crossing, all mixed-use projects located in Richmond, Virginia.

Harrison began his commercial real estate career in 2003 working for The Shopping Center Group. In 2005, he joined the Wilton Companies and assisted in creating their Third-Party Brokerage Group. After five years, Harrison left the Wilton Companies to become a principal and founding member of NAI Eagle, a full-service real estate firm specializing in retail and mixed-use real estate. Most recently, Harrison was Senior Vice President of Retail Sales and Leasing at Divaris Real Esate in Richmond, VA.

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