IPA Arranges $27.75 Million Sale of Grocery-Anchored Shopping Center Portfolio in Ohio

by Katie Sloan

Amherst and Sheffield Village, Ohio — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of a two-property Giant Eagle-anchored shopping center portfolio comprising 193,633 square feet in northeast Ohio.

Properties include Amherst Marketplace located at 2201 Kresge Drive in Amherst, and Sheffield Crossing located at 5231 Detroit Road in Sheffield Village. Craig Fuller, Scott Wiles and Erin Patton of IPA, alongside Seth Richard and Laurie Ann Drinkwater of Marcus & Millichap, represented the seller and procured the buyer in the transaction. 

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