Cooper Commercial Arranges Sale of Ohio Retail Center

Milford, Ohio – Milford Shoppes, built in 2008, is shadow-anchored by Meijer, Kohl’s and Home Depot, and is fully occupied with triple-net leases in place.

A Connecticut-based private investor purchased Milford Shoppes, in Milford, Ohio, for $2.7 million.Milford, Ohio – Cooper Commercial Investment Group has arranged the $2.7 million sale of Milford Shoppes, a 12,000-square-foot retail center in Milford, a suburb of Cincinnati. The property, built in 2008, is shadow-anchored by Meijer, Kohl’s and Home Depot, and is fully occupied with triple-net leases in place. Dan Cooper of Cooper Commercial’s Cleveland office represented the seller, an Ohio-based private investment firm. A Connecticut-based private investor purchased the property at full price, representing a 7.4 percent capitalization rate.

 — Danielle Everson

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