The Cooper Commercial Investment Group closed the sale of Monroe Center, a 78,743-square-foot mixed-use complex made up of medical, office and GSA users, in New Philadelphia, Ohio.
The asset is anchored by the New Philadelphia VA Clinic, which recently renewed fro five years. The center also includes the Social Security Administration, Ohio BMV, OhioMeansJobs and Fresenius Medical Care.
Bob Havasi and Dan Cooper of the Cooper Commercial Investment Group in Cleveland represented the seller, a private investment group in Ohio. The private investment buyer, also out of Ohio, purchased the property for $5.6 million, about 96% of list price.