JUST SOLD | Mt. Vernon Crossing in Newark, Ohio - Kohl's Shadow Center | $2,000,000 | Off-Market Deal

April 2014

Goodman Real Estate Services Group LLC of Cleveland, Ohio, recently completed the $2,000,000 sale of Mt. Vernon Crossing in Newark, Ohio. Kyle Hartung, Director of Investment Sales, exclusively represented the buyer, a partnership headed by Gallas Zadeh Development LLC of Columbus, Ohio.  Kyle also had the pleasure of representing Planet Fitness, who signed a new lease for 17,992 square feet at closing. The property is located across adjacent to Kohl's and shadow-anchored by Kroger. This acquisition was an off-market transaction and added significant value to the buyer in having the tenant in hand at closing.