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OhioRetail

Cleveland’s Cooper Commercial closes sale of grocery-anchored retail center

August 29, 2023
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The Cooper Commercial Investment Group recently sold a grocery-anchored retail center in the Midwest region.

Bob Havasi and Dan Cooper of Cleveland-based Cooper Commercial Investment Group, represented the seller in this transaction.

The private buyer purchased the asset for $5 million, representing a CAP rate of 7.15% and 94% of list price.

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