{"id":1004137694,"date":"2016-02-24T05:05:23","date_gmt":"2016-02-24T13:05:23","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004137694"},"modified":"2020-04-01T04:58:11","modified_gmt":"2020-04-01T12:58:11","slug":"cincinnati-shopping-center-sold-through-marcus-millichap","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cincinnati-shopping-center-sold-through-marcus-millichap\/","title":{"rendered":"Cincinnati Shopping Center Sold through Marcus & Millichap"},"content":{"rendered":"

By Anca Gagiuc, Associate Editor<\/em><\/p>\n

\"Ridgewater<\/a>

Ridgewater Plaza, Cincinnati<\/p><\/div>\n

Cincinnati<\/strong>\u2014Marcus & Millichap<\/a> recently arranged the sale of the Ridgewater Plaza shopping center in Cincinnati for a $10.5 million price tag. The property was 98 percent occupied at the time of the deal.<\/p>\n

The 175,028-square-foot grocery-anchored retail center located at 5371-5385 Ridge Ave. was sold by New York-based Garrison Investment Group<\/a> to Frayer Enterprises of Oklahoma. The location places Ridgewater one-half a mile from an exit on Interstate 71, transited by 138,000 vehicles every day.<\/p>\n

The property was built in 1973 and 80 percent of the center\u2019s total gross leasable area is currently divided among anchor retailer Remke Markets (64,700 square feet), Lowe\u2019s, Big Lots, Office Depot and Fallas Discount Stores. Other tenants include Sally Beauty Supply, GameShop, Fast Signs and National Cash Advance. Remke Markets has been a tenant at the site since 1988 and Big Lots since 1994.<\/p>\n

Image courtesy of Google<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Oklahoman investor nabs grocery-anchored retail center in Cincinnati.<\/p>\n","protected":false},"author":237,"featured_media":1004137696,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1583,21743,21825,21783,13,21742,21749],"tags":[],"class_list":["post-1004137694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cincinnati","category-deals","category-finance","category-investment","category-midwest","category-latest","category-retail"],"acf":[],"yoast_head":"\nCincinnati Shopping Center Sold through Marcus & Millichap - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cincinnati-shopping-center-sold-through-marcus-millichap\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cincinnati Shopping Center Sold through Marcus & Millichap\" \/>\n<meta property=\"og:description\" content=\"Oklahoman investor nabs grocery-anchored retail center in Cincinnati.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cincinnati-shopping-center-sold-through-marcus-millichap\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-02-24T13:05:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-01T12:58:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/Ridgewater-Plaza-Cincinnati.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1146\" \/>\n\t<meta property=\"og:image:height\" content=\"919\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cincinnati-shopping-center-sold-through-marcus-millichap\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cincinnati-shopping-center-sold-through-marcus-millichap\/\",\"name\":\"Cincinnati Shopping Center Sold through Marcus & Millichap - 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