Pennyrile-Marketplace_Hopkinsville

Fimiani Development Purchases 85,000-Square-Foot Pennyrile Marketplace Shopping Center in Hopkinsville, Kentucky

by Hayden Spiess

Hopkinsville, Ky. — Fimiani Development Corp. has acquired Pennyrile Marketplace, an 85,000-square-foot shopping center located at 3010 Fort Campbell Blvd. in Hopkinsville. Seritage KMT Finance sold the property for $3.8 million. Built in 1978, Pennyrile Marketplace sits on 12 acres near the Fort Campbell Army base and houses tenants including Harbor Freight Tools, Bargain Hunt and Farmers Home Furniture. Mike Fimiani represented the buyer in the transaction on an internal basis, and Marc Ozburn and Ross Robison of Berkeley Capital Advisors represented the seller. Fimiani Development plans to make renovations to Pennyrile Marketplace, including updated landscaping, improved signage and resurfacing of the parking lot.

 

 

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