MGP Retail Consulting has purchased a four-acre site in Virginia Beach from Mark IV Investments Inc. for $1.5 million. According to Cushman & Wakefield | Thalhimer, which brokered the sale, the land at General Booth Boulevard and Edison Road will be a new location for a retail development. Thalhimer’s Dean Martin, Geoff Poston and Eric Throne handled sale negotiations on behalf of the seller.

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