An aerial view of Markel | Eagle’s two-property purchase on West Broad. (Courtesy of Markel | Eagle)
By David Larter
SHORT PUMP, Va. (RichmondBizSense) – Markel | Eagle Partners is extra bullish on West Broad Street.
The local private equity firm – which over the past year raised $53 million in new capital – purchased 75 acres of farmland on West Broad Street at the western edge of Henrico County.
The deal, which closed Dec. 28, is for the 69-acre Nuckols Farm property at 12121 W. Broad St. from the Nuckols family and an adjoining six-acre property at 12341 W. Broad St. from the Worcester family. Nuckols Farm Elementary School sits across the street from the property.
The properties are west of the North Gayton Road extension.
Click here to read more about the plans on RichmondBizSense.com.
