Westgate Shopping Center, a Target-anchored, open-air retail center measuring more than 300,000 square feet in Fairview Park, Ohio, was sold by The RH Johnson Co. to Phillips Edison & Co., a national owner of grocery-anchored retail centers, for $51.5 million, or about $166.95 per square foot, in a deal arranged by JLL Capital Markets.
Phillips Edison expands Ohio holdings with purchase of Westgate Shopping Center
JLL facilitates $51.5 million sale of open-air shopping center in Fairview Park
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IN THIS ARTICLE
- Properties
- Building A
3031 Westgate Mall, Fairview Park, OH
- Building D
3460 Westgate Mall, Fairview Park, OH
- Building C
3211 Westgate Mall, Fairview Park, OH
- Building E
3540 Westgate Mall, Fairview Park, OH
- Companies
- Phillips Edison & Company
Real Estate
- The R.H. Johnson Company
Real Estate
- Contacts
- Brian Page
Director, JLL
- Michael Nieder
Senior Director, Capital Markets, JLL