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OhioRetail

Cooper Commercial Investment Group sells Starbuck’s-anchored retail center in Northern Ohio

May 2, 2018
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The Cooper Commercial Investment Group recently closed the sale of a two-tenant Starbuck’s-anchored centered in a developed retail corridor in northern Ohio.

Dan Cooper, president and broker of the Cooper Commercial Investment Group in Cleveland, represented the seller.

The private 1031 buyer purchased the property at a CAP rate of 6.3 percent, representing nearly $680 a square foot.

 

 

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