Euclid, Ohio — First National Realty Partners has acquired Shore Center Plaza, a 111,152-square-foot grocery-anchored shopping center located at 22501 Shore Center Drive in the Cleveland suburb of Euclid. Shore Center Plaza was 94.1 percent occupied at the time of
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Cleveland — MCG Architecture has partnered with Mark Trommsdorff, who will work on Southeast business development for the Cleveland-based design firm. Trommsdorff recently retired from Kimco Realty Corp. where he worked for over 33 years. Over the past 20 years,
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Dublin, Ohio and Miami — The Wendy’s Co. and REEF have formed a new development commitment to open and operate 700 delivery kitchens over the next five years across the U.S., Canada and the United Kingdom. Through this commitment, REEF
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Huber Heights, Ohio — Marcus & Millichap has arranged the $8.5 million sale of North Heights Plaza in Huber Heights, just north of Dayton. The 113,732-square-foot shopping center was fully occupied at the time of sale. Anchor tenants include Hobby
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Hamilton, Ohio — Marcus & Millichap’s The Klink Group has brokered the $2.5 million sale of a Raising Cane’s ground lease in Hamilton, about 20 miles north of Cincinnati. The newly constructed property is located at 1479 Main St. Jordan
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University Heights, Ohio — Cushman & Wakefield has arranged the $38.3 million sale of Cedar Center South in University Heights, about nine miles east of Cleveland. Anchored by Whole Foods Market, the 138,881-square-foot shopping center is located on Cedar Road.
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Cleveland — DealPoint Merrill has completed its purchase of the former Richmond Town Square regional mall in Cleveland. Built in 1966, the mall was home to over 90 stores until its closure in 2021. DealPoint plans to redevelop the site
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Cincinnati — An affiliate of Next Realty LLC has acquired the Kings Automall Shopping Center, a 67,000-square-foot retail center in Cincinnati. The property is home to tenants such as Planet Fitness, Mirage Restaurant, Play it Again Sports, Salon Concepts, Penn
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Fairview Park, Ohio — JLL Capital Markets has brokered the sale of Westgate Shopping Center, a 474,000-square-foot power center located in the Cleveland suburb of Fairview Park. The center is home to tenants including Target, Marshalls, EarthFare, Petco, Five Below,
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Huber Heights and Vandalia, Ohio — Marcus & Millichap has brokered the sale of a Dayton-area retail portfolio occupied by Wendy’s for $4.6 million. The two properties in the portfolio are located in Huber Heights and Vandalia. CJ Jackson, Erin
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Cincinnati — Phillips Edison & Co. Inc. (PECO), an internally managed REIT, has filed a registration statement with the Securities and Exchange Commission to offer 17 million shares of its common stock to the public. The Cincinnati-based shopping center owner
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Beavercreek, Ohio — Washington Prime Group Inc. (NYSE: WPG) and Synergy & Mills Development will redevelop a former department store building at The Mall at Fairfield Commons in Beavercreek into office space. The store spans two stories and 150,000 square
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