JLL arranges $13.8 Million sale of grocery-anchored retail center in Fairview Park, Ohio
United States, Sept. 22 -- JLL Capital Markets announced that it has arranged the $13.8 million sale of Fairview Centre, a 147,602-square-foot, grocery-anchored shopping center in Fairview Park, Ohio.JLL marketed the property on behalf of the seller, Lamar Companies. Axiom Realty purchased the asset.Fairview Centre consists of three buildings that are 89.9% occupied by anchor tenant Giant Eagle, which has a 30-year tenure at the property. This Giant Eagle location attracts 640,000 annual visits per year; 170,000 more than the nearest grocer. Additional tenants include Dollar Tree, Onyx Gyms, Goldfish Swim School, UPS and the American Cancer Society, among others.Positioned on 12.8 acres at 21593 Lorain Rd., Fairview Centre is less than 10 m...
To read the full article or to get the complete feed from this publication, please
Contact Us.