Short Pump Area Apartments Sold

An out-of-state buyer has scooped up some prime real estate in the Richmond area.

Georgia-based multifamily developer and investment firm Pollack Shores Real Estate Group said in a news release it and an entity called Heitman LLC had acquired the Flats at West Broad Village at 3930 Wild Goose Lane in the heart of the Short Pump shopping area.

Pollack Shores would not say what it paid for the 339-unit apartment community. The Flats at West Broad Village was most recently assessed at $76.6 million, according to Henrico County property records, which have yet to record the sale to the new owners.

The Flats sold in an $85.8 million deal in 2012 to an entity tied to the Florida-based mixed-use developer Unicorp National Developments Inc., the original developer of West Broad Village.

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