EF Capital buys Norfolk, Virginia, shopping center for first retail investment

Local investment firm plans overhaul to attract shoppers

EF Capital plans to invest in upgrades in the East Beach Shoppes in Norfolk. (Kayla Glavin/CoStar)

By Emily Pross

CoStar Research

December 23, 2024 | 5:57 P.M.

EF Capital is entering the retail real estate market with a deal to acquire a shopping center in the company's hometown.

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Properties
- East Beach Square
  9567 Shore Dr, Norfolk, VA
- 9545 Shore Dr, Norfolk, VA
Contacts
- Erik Conradi
  Senior Associate, Capital Markets Group
- Ted Levin
  Vice President, Retail Properties, Cushman & Wakefield | Thalhimer
- Brian Ehardt
  EF Capital
- Clark Simpson
  Senior Vice President | Capital Markets, Colliers | Virginia
File Attachments
- https://ahprdcdn1.costar.com/d2/Vk3X_VsTd7c2JIO7ZD9usrWvcyUC_lPW3u5J56529oE/5504120271101.pdf

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News | EF Capital buys Norfolk, Virginia, shopping center for first retail investment