MIDLOTHIAN, VA. — Frontier Group of Cos. has acquired Bainbridge Midlothian in the Richmond, Virginia, suburbs for $108 million, marking the Buffalo, New York-based investment firm’s first multifamily acquisition in Virginia. The seller was a joint venture between The Bainbridge Cos. and BVT National Partners, represented by Newmark’s Garrison Gore, Charles Wentworth and Victoria Pickett. Completed in 2024, Bainbridge Midlothian is situated on approximately 25 acres at 12400 Dutton Road in Chesterfield County, 13 miles west of Richmond. The community comprises four residential buildings featuring a mix of studio, one-, two- and three-bedroom units along with a resort-style saltwater pool, 24-hour fitness center, clubhouse, coworking spaces, pickleball court, dog park and private wooded walking trails.
Frontier Group of Cos. has acquired the 310-unit Bainbridge Midlothian in Midlothian, Va., from a joint venture between The Bainbridge Cos. and BVT National Partners. Newmark arranged the sale. (Image courtesy of Newmark)
New York Investor Buys Metro Richmond’s Bainbridge Midlothian for $108M
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