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OhioRetail

Marcus & Millichap sells 95,000-square-foot shopping center near Cleveland

Staff Writer April 5, 2017
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Marcus & Millichap Real Estate Investment Services recently closed the sale of the North Olmsted Towne Center, a 95,446-square-foot shopping center located along Brookpark Road in North Olmsted, Ohio, about 17 miles southwest of Cleveland.

The $17.79 million sales price equates to $186 a square foot.

Scott Wiles and Craig Fuller in Marcus & Millichap’s Cleveland office, along with Erin Patton in the firm’s Columbus office, represented the seller, a local Cleveland investment group. Wiles, Fuller, Patton and Dustin Javitch, who is also in the Cleveland office, advised the buyer, an out-of-state private investor.

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