Cooper Commercial Arranges $2 Million Sale of Ohio Shopping Center

Cleveland – The 46,301-square-foot Village Green Shopping Center is 95 percent occupied and anchored by a Save-a-Lot grocery store.

Cleveland – Cooper Commercial Investment Group has arranged the $2 million sale of a grocery-anchored shopping center in Cleveland. The sale also included a buildable outparcel. The 46,301-square-foot Village Green Shopping Center is 95 percent occupied and anchored by a Save-a-Lot grocery store. The sale represented 90 percent of the list price and a 9.89 percent capitalization rate. Dan Cooper of the Cooper Commercial Investment Group and Kyle Hartung of Goodman Real Estate Services Group LLC represented the seller, a Cleveland-based private investment group. A Florida-based private investment group purchased the property. 

— Danielle Everson

 

 

 

 

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