{"id":1004377388,"date":"2019-12-20T00:12:13","date_gmt":"2019-12-20T08:12:13","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004377388"},"modified":"2019-12-20T00:12:13","modified_gmt":"2019-12-20T08:12:13","slug":"bluejay-management-buys-209-ksf-retail-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/bluejay-management-buys-209-ksf-retail-asset\/","title":{"rendered":"Bluejay Management Buys 209 KSF Retail Asset"},"content":{"rendered":"<div id=\"attachment_1004377685\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/100-Mall-Drive.-Image-via-Google-Maps.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004377685\" data-attachment-id=\"1004377685\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/bluejay-management-buys-209-ksf-retail-asset\/100-mall-drive-image-via-google-maps\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/100-Mall-Drive.-Image-via-Google-Maps.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Jeffrey Hamann&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1576833888&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"100 Mall Drive. Image via Google Maps\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;100 Mall Drive. &lt;i&gt;Image via Google Maps&lt;\/i&gt;&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/100-Mall-Drive.-Image-via-Google-Maps.jpg?w=800\" class=\"wp-image-1004377685 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/100-Mall-Drive.-Image-via-Google-Maps.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/100-Mall-Drive.-Image-via-Google-Maps.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/100-Mall-Drive.-Image-via-Google-Maps.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/100-Mall-Drive.-Image-via-Google-Maps.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004377685\" class=\"wp-caption-text\">100 Mall Drive. <i>Image via Google Maps<\/i><\/p><\/div>\n<p>Bluejay Management has acquired a 209,621-square-foot retail property in Steubenville, Ohio. JLL represented the seller, Kohan Retail Investment Group. Walmart fully occupies the asset under a net lease agreement.<\/p>\n<p>Located at 100 Mall Drive on a 16.2-acre plot, the asset is&nbsp;alongside the Fort Steuben Mall, which Kohan owns. The larger shopping center is home to a number of retailers including AMC Theatres, JCPenney, Dick&#8217;s Sporting Goods and Bath and Body Works. The property is some 40 miles west of downtown Pittsburgh, close to the Ohio-Pennsylvania border.<\/p>\n<p>The JLL team working on the deal included Managing Directors Marc Mandel and Claudia Steeb and Director Steve Schrenk.<\/p>\n<p>Kohan had acquired the Fort Steuben Mall along with the Walmart-occupied building in December 2017 for $10.8 million, according to WTOV9.&nbsp;The company also owns the Washington Crown Center in Washington, Penn., which it purchased from PREIT in 2016. Kohan\u2019s portfolio also includes the Chapel Hill Mall in Akron, Ohio, Colonial Park Mall in Harrisburg, Penn., Lycoming Mall in Pennsdale, Penn. and <a href=\"https:\/\/www.commercialsearch.com\/news\/dealpoint-merrill-acquires-ohio-retail-store\/\">Richmond Town Square<\/a> in Richmond Heights, Ohio.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Walmart fully occupies the property in Steubenville, Ohio, under a net lease agreement.<\/p>\n","protected":false},"author":868,"featured_media":1004377685,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,13,21742,21749],"tags":[33401,32796,32917],"class_list":["post-1004377388","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-midwest","category-latest","category-retail","tag-bluejay-management","tag-jll","tag-walmart"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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