Retail i Ohio

Cooper Commercial sells 15,000-square-foot retail center near Columbus

Cooper Commercial sells 15,000-square-foot retail center near Columbus,ph01

The Cooper Commercial Investment Group closed the sale of Kyber Run, a 15,292-square-foot retail center in Johnstown, Ohio. The center, shadow-anchored by Kroger, is located in the Columbus market

Bob Havasi and Dan Cooper of the Cooper Commercial Investment Group represented the seller in this transaction, an East Coast-based private investment group. The group was found on the first day of marketing the property for sale, and purchased this asset for $2.715 million, representing a 7.95 percent Cap rate and about 93 percent of the original list price.