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| Amy Sands |
CHICAGO, IL –– Holliday
Fenoglio Fowler, L.P. (HFF) announces that it has closed the sale of Streetsboro
Crossing, an
89,436-square-foot retail center anchored by Giant Eagle in the Cleveland-area
community of Streetsboro, Ohio.
The HFF team marketed the property on behalf of the
seller, Brixmor Property Group. Chicago-based Pine Tree purchased
the center.
Completed in 1996 and renovated in 2001, Streetsboro
Crossing is anchored by Giant Eagle, the trade area’s only traditional
grocer.
The 93.9%-leased center is also home to Pet Supplies Plus,
Palm Beach Tan, GNC, Sally Beauty Supply and Great Clips and is shadow anchored
by Target and Lowe’s.
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| Clinton Mitchell |
Streetsboro Crossing is located at 1280 OH 303 in
Streetsboro, which is 31 miles southeast of downtown Cleveland.
The
center is at the intersection of State Highways 14 and 43, which makes the
center visible to more than 55,000 vehicles per day.
Additionally, more than 19,000 residents earning an average
annual household income of $83,000 live within a three-mile radius of
Streetsboro Crossing.
The HFF investment advisory team representing the seller
included senior directors Amy Sands and Clinton Mitchell.
CONTACTS:
AMY SANDS
HFF Senior Director
(312) 528-3650
CLINTON MITCHELL
HFF Senior Director
(312) 528-3650
KIMBERLY STEELE
HFF Digital Content/Public Relations Specialist
(713) 852-3420