Joel Gorjian, a national real estate investor and president and chief executive officer of Great Neck, New York-based Gorjian Acquisitions, has completed the purchase of the Airport Plaza shopping center at 4040-4114 Airport Highway in Toledo, Ohio.
The seller was a private investor.
Gorjian acquired the 16,000-square-foot Airport Plaza through an off-market, all-cash transaction. The one-story retail property is located on a 2.11-acre site with a parking lot, along the busy Airport Highway. The tenants include a selection of service and retail outlets such as a laundromat and a nail salon.
Gorjian has acquired 24 properties across the United States in the last 12 months.