A New York based real estate investment firm, Mercer Street Partners, has acquired the Hopper Lofts at 700 Everett St. in Manchester, for $14.3 million.

Richmond Bizsense reported the news that the 139 unit apartment complex was sold. Joe LeVine, Mercer Street’s managing partner, stated in the BizSense article that his firm has invested about $50 million in Virginia – with 90 percent of that spent in metro Richmond.

“What surprised us was how much energy is in the market,” LeVine said. “The breweries, the growing dining scene … not to forget the low unemployment and high quality of life. We continue to be impressed with Richmond.”

The former owner of Hopper Lofts, Tom Wilkinson, is currently working on the conversion of the American Tobacco campus, named “Port City” at 800 Jefferson Davis Highway.