Cleveland, OH – Matthews Real Estate Investment Services™, the nation’s fastest-growing real estate firm, is pleased to announce the sale of Landen Square located at 2900 West U.S. 22 & 3 in Maineville, OH. Executive Vice President & National Director Ben Snyder, and Associate Vice President Zack Bates, worked in tandem to facilitate the sale of the shopping center for $5,414,000. This sale marks the second transaction between Matthews™ and Phillips Edison & Company, one of the nation’s largest owners and operators of grocery-anchored shopping centers. In February 2021, Snyder and Bates brokered the $9,200,000 sale of High Point Village, a 145,873 square foot Kroger-anchored center in Bellefontaine, OH.
“Despite the multi-tenant retail headwinds introduced by COVID-19, we were able to source the ideal buyer, navigate all challenges, and successfully close the deal,” said Snyder. “We were able to meet the seller’s expectations once again and build our relationship with the buyer, who was pleased with the overall transaction.”
For more information regarding this sale or if you have any other questions related to shopping center investment sales, please reach out to Ben Snyder and Zack Bates. To view current listings, please visit www.matthews.com.
Matthews Real Estate Investments Services™, the nation’s fastest-growing commercial real estate brokerage firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Founded in El Segundo, CA, and strategically positioned with over 300 agents and support staff in over 10 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.
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