This non-core asset was owned by Kimco Realty Trust and suffered from low occupancy and deferred maintenance. Since acquisition the shopping center has been re-imaged and the 10-acre overall site redeveloped. Highlights include the introduction of a new grocery store anchor, Save A Lot, as well as additional complementary national retailers such as Pizza Hut. The shopping center was ‘right-sized’ through selective demolition to retain the most attractive and visible retail units. Land was prepared for alternative development use and resulted in the addition of the Cornerstone Apartments, a project featuring senior housing. The addition of housing has created a successful’, linear mixed-use project.
Overview
Location:
18235 Euclid Avenue
Cleveland, Ohio 44112
18235 Euclid Avenue
Cleveland, Ohio 44112