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Manassas Moves Forward with $16 Million Plan to Purchase Shopping Center

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4 months ago

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Manassas Moves Forward with Million Plan to Purchase Shopping Center

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.

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