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Cedar Shopping Centers Sells 83,000-SF Complex

California Investor Purchases Gabriel Brothers Plaza in Kent
January 27, 2010
Cedar Shopping Centers Inc. sold the Gabriel Brothers Plaza at 1820 E. Main St. in Kent, OH, to California-based DNZ-Kent LLC for $4.5 million, or about $54 per square foot.

The property is a one-story, 83,470-square-foot retail plaza constructed in 1972. The anchor tenant for the plaza is Gabriel Brothers, a regional big box tenant.

Bob Havasi and Dan Cooper of Cooper Commercial Investment Group represented both the buyer and the seller.

For additional information, please see CoStar COMPS #1843080.
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