NewsIn Your CommunityChesapeake

Actions

Greenbrier Mall will be auctioned next month with a starting bid of $6 million

Greenbrier Mall
Posted
and last updated

CHESAPEAKE, Va. — Greenbrier Mall will be auctioned off on February 24, with a starting bid of $6 million, following the property's foreclosure process that began in 2022.

The auction comes after the company that owned most of the mall complex defaulted on a loan, ultimately handing over the property as part of the foreclosure proceedings.

As the auction date approaches, interest is expected to rise among investors looking to acquire the commercial real estate in the area.

Watch related coverage: How Hampton Roads water systems would look in an emergency amidst Richmond water advisory

How Hampton Roads water systems would look in an emergency amidst Richmond water advisory

This sale presents a significant opportunity for potential buyers.