Second Horizon Capital Completes Acquisition of
Stony Point Fashion Park

April 4, 2022 – Second Horizon Capital announced the closing of its acquisition of Stony Point Fashion Park, a 687,411 square-foot retail destination located in Richmond, Virginia.

“Second Horizon Capital sees tremendous potential for Stony Point Fashion Park,” commented Howard Levine, Co-Founder and Managing Partner of Second Horizon Capital. “As an impact-focused investor, we will be partnering closely with community stakeholders to design a long-term vision for the property. At the same time, we will be working to energize on-site activity, improve the tenant and shopper experience, and better leverage existing infrastructure.”

Second Horizon Capital’s acquisition of Stony Point Fashion Park was supported by the attractive local economic environment in Richmond and its alignment with local constituencies in seeing the future of this property as a significant activity hub for its neighborhood and the broader community.

“We are excited to build strong partnerships in the Richmond area to support the future of Stony Point Fashion Park and are looking forward to becoming part of the community here,” added Camilo Varela, Co-Founder and Managing Partner of Second Horizon Capital.

Second Horizon Capital has engaged JLL to provide ongoing property management and leasing services for Stony Point Fashion Park.

About Second Horizon Capital:
Second Horizon Capital is an impact investment real estate company that partners with communities to reimagine large-scale, underutilized commercial properties as vibrant destinations and local economic engines. The firm honors its role by investing in, supporting, and stewarding each community that it joins. Second Horizon Capital focuses on bringing community stakeholders, including municipalities, business owners, community groups, tenants, and end-users to the forefront in reinvigorating community hubs. By driving long-term value enhancement, seeking more equitable outcomes, and partnering with local stakeholders, Second Horizon Capital works to enhance its communities, as well as the properties themselves.

Additional information on Second Horizon Capital can be found on the company's website at www.secondhorizon.com.

Contact: Second Horizon Capital, info@secondhorizon.com, (561) 237-5560