$22 MILLION SHOPPING CENTER AUCTION In Northeast Ohio & Pennsylvania
Ohio - Auction Services Group, Inc. is pleased to announce the sale of nine shopping centers and one office building with aggregate sales of $22,000,000. The auction featured prime Northeast Ohio and Western Pennsylvania single and multi-tenant net-leased properties. “The auction allowed investors a unique opportunity to purchase one or more properties in desirable locations at one sale,” notes Roggeveen. Successful bidders were from California, Las Vegas, New Jersey and Ohio. All properties were closed in less than 45 days.
The shopping centers ranged from 7,500 sq. ft. to 79,000 sq. ft. and the office building contained 10,000 sq. ft. The office building was sold prior to the auction. The well leased properties featured national/regional credit tenants including: Dollar General, Sears, Blockbuster, Family Dollar, Murray’s Discount Auto, Marc’s, Pet Supplies Plus, Jackson Hewitt Tax Service, Check N’ Go and Subway.