Manassas is set to purchase the Manassas Shopping Center on Mathis Avenue for $16 million to bolster local economic development. The transaction, anticipated to close in July or August 2024, was detailed during a recent joint meeting with the economic development authority on Monday, May 20, 2024, to discuss the terms of the sale.
The city aims to buy the 14-acre shopping center, home to 21 commercial tenants, including Advance Auto Parts and Pitkins Hardware stores. The city agreed to pay owners Four Taylor’s LLC $16 million for the property and will become the landlord of the businesses.
- Sign in here if you’re already a member, and Thank You!
- If you rely on us for local news and haven’t already, please support us by becoming a member!