Bank of Montreal Finances $73M Acquisition of Virginia Beach Retail Complex
Yale Realty Services has obtained $73.4 million in financing from Bank of Montreal to acquire Landstown Commons Shopping Center in Virginia Beach, VA, for a total of $102 million from an undisclosed REIT. The 408,000-square-foot retail complex, which opened in late 2006, features key anchor tenants including Best Buy and Old Navy.
Theia Market Signal Identification - AI AssistedPublished Jan 22, 2026
Yale Realty Services secured $73.4 million from Bank of Montreal to acquire Landstown Commons Shopping Center in Virginia Beach, VA. The 408,000-square-foot retail complex was purchased for $102 million from an undisclosed REIT. The center, located at 3332 Princess Anne Road, features anchor tenants such as Best Buy and Old Navy and opened in late 2006.
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