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Cooper Commercial Arranges $3 Million Sale of Retail Center in Suburban Cleveland

Cleveland, Ohio — The Cooper Commercial Investment Group has arranged the $3 million sale of a fully occupied retail center in suburban Cleveland. Further details on the property were undisclosed. Dan Cooper of Cooper Commercial represented the seller, a private

…

  • July 20, 2022
Amazon-Style

Amazon Style Store to Open at Easton Town Center in Columbus, Ohio

Columbus, Ohio — Amazon is opening an Amazon Style store at Easton Town Center in Columbus. The store will be the first Amazon Style location in the state of Ohio and the second nationwide for the e-commerce giant. The first Amazon

…

  • June 17, 2022

Marcus & Millichap Arranges $4.2 Million Sale of Two-Tenant Retail Property in Ohio

Mayfield Heights, Ohio — Marcus & Millichap has arranged the $4.2 million sale of a two-tenant retail property in Mayfield Heights, an eastern suburb of Cleveland. Located at 5930 Mayfield Road, the 14,557-square-foot property is fully occupied by NTB and Moe’s.

…

  • May 27, 2022
Kroger-Wilmington

Cleeman Realty Arranges Sale of 198,085-Square-Foot Retail Center in Wilmington, Ohio

Wilmington, Ohio — Cleeman Realty Group has arranged the off-market sale of Wilmington Plaza, a 198,085-square-foot retail center in Wilmington, Ohio. An undisclosed buyer represented by Jeremy Scheer and David Kaufman of Cleeman purchased the property for $7.9 million. Kroger

…

  • May 24, 2022
P.F. Chang

Cooper Group Negotiates Sale of P.F. Chang’s-Occupied Property Near Cleveland for $3.8 Million

Beachwood, Ohio — The Cooper Commercial Investment Group has negotiated the $3.8 million sale of a single-tenant property occupied by P.F. Chang’s in Beachwood, about 19 miles from Cleveland. The restaurant’s lease expires in 2025. Dan Cooper of Cooper Group

…

  • April 12, 2022

Marcus & Millichap Negotiates $2.2 Million Sale of Rite Aid-Occupied Property in Sandusky, Ohio

Sandusky, Ohio — Marcus & Millichap has negotiated the $2.2 million sale of an 11,325-square-foot property net leased to Rite Aid in Sandusky, a city in northern Ohio located along Lake Erie. The property is located at 334 W. Perkins

…

  • March 29, 2022

MarketSpace Capital, Park Harbor Capital Complete Purchase of Tri-County Mall Near Cincinnati, Plan $1 Billion Redevelopment

Springdale, Ohio — MarketSpace Capital and Park Harbor Capital, two private real estate investment and development firms based in Texas, have officially closed on their purchase of Tri-County Mall, an enclosed, 1.3 million-square-foot regional shopping center in the Cincinnati suburb

…

  • March 8, 2022

First National Realty Partners Acquires 218,000-Square-Foot Shopping Center in Columbus

Columbus, Ohio — First National Realty Partners has acquired Consumer Square West in Columbus. The 218,000-square-foot shopping center is situated on 25 acres along Soldano Boulevard. A 65,000-square-foot Kroger store anchors the center. Other tenants include Planet Fitness, Rainbow Apparel,

…

  • March 3, 2022

Mid-America Brokers Sale of 116,707-Square-Foot Shopping Center in Columbus

Columbus, Ohio — Mid-America Real Estate Corp. has brokered the sale of Market at Stelzer in Columbus. Giant Eagle anchors the 116,707-square-foot shopping center. Other tenants include Subway, Wingstop, WellNow Hometown Urgent Care, El Rodeo Mexican restaurant, The UPS Store

…

  • March 3, 2022

KeyBank Provides $51.6 Million in Acquisition Financing for Three Retail Centers

Cleveland — KeyBank Real Estate Capital (KBREC) has provided $51.6 million in acquisition financing to First National Realty Partners for three retail centers in Ohio, Oklahoma and Pennsylvania. Acquisitions include Southland Crossings, a 245,678-square-foot center in the eastern Ohio city

…

  • February 3, 2022

Cooper Group Brokers Sale of 11,746-Square-Foot Retail Center in Cincinnati

Cincinnati — Cooper Commercial Investment Group has brokered the sale of Meadows Plaza in Cincinnati for an undisclosed price. The 11,746-square-foot retail center was fully leased at the time of sale to tenants such as Harper’s Point Eye Associates, Allstate

…

  • January 24, 2022

First National Realty Acquires 245,678-Square-Foot Shopping Center in Suburban Youngstown

Boardman, Ohio — First National Realty Partners has acquired Southland Crossings, a 245,678-square-foot grocery-anchored shopping center located at 1150-1300 Doral Drive in the Youngstown suburb of Boardman. Southland Crossings was 91 percent occupied at the time of sale by tenants

…

  • December 10, 2021
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Industry Content

Legacy Brokers $16.2 Million Sale of Shopping Center in Metro Charlotte

Indian Trail, N.C. — Legacy Realty Group Advisors has arranged the sale of Union Town Center, a 102,360-square-foot shopping center located in Indian Trail, roughly 15 miles southeast of Charlotte.…

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NRF: Holiday Retail Sales Rose 5.3 Percent to $936.3 Billion in 2022

 Washington, D.C. — The National Retail Federation (NRF) has reported that retail sales during 2022’s November-December holiday season rose 5.3 percent year-over-year, reaching $936.3 billion. Though the number fell short…

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Key Variable Moving Forward in Today’s Market? Motivation from Both Sides

Motivation is one of the prime drivers in any market cycle. Some markets are affected by interest rates and others by inflation. One way or another, however, a retail investment…

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Today’s Pricing Strategy is a Mix of Art, Science

There will always be a tug-of-war between retail buyers and sellers — or, really, buyers and sellers of any kind. Both parties want to achieve the best price, but that…

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City of Murrieta: Experiential Leads Retail Expansion in Evolving California City

The City of Murrieta, located in Southern California, has seen explosive growth, leading to expanding retail potential — especially in the experiential arena. The city's retail successes have been based on its…

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Cullinan Properties: Mixed-Use Properties Use Retail to Drive Value

Real estate is densifying across the country, and retail has become an important amenity as people seek to live, work and play all together in mixed-use locations. The pandemic sped up…

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Faris Lee: Abundant Capital, Sales Volume Rise as Investors Pursue Retail

Investment volume, capital and competition in the retail sector have been at unprecedented levels lately, leading to lower cap rates as well as more flexibility than investments in multifamily and…

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The Necessity Retail REIT: Growing a Recession-Resilient, Necessity Retail Portfolio

What does it take to build a $5.2 billion recession-resilient, necessity retail property portfolio? Reporter Nellie Day of Retail Insight explored this topic and more with Jason Slear, Executive Vice…

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Industry News

  • Richmar Properties Sells Covington Square Shopping Center in Metro Atlanta for $13.4 Million
  • Essex Secures $32 Million Acquisition Financing for Mixed-Use Property in Denver
  • Mid-America Brokers Sale of 5,443-Square-Foot Luxury Retail Building in Chicago
  • SVN | J. Beard Arranges Sale of 3,600-Square-Foot Retail Property in Metro Houston
  • Five Tenants Join Christown Spectrum in Phoenix

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