Olmsted Township, Ohio
August 11, 2026: ALDI is ground leasing 1.93 acres in the new mixed-use project, named Olmsted Towne Center, located in Olmsted Township at the northeast corner of Bagley Road and Stearns Road. This development consists of approximately 70 townhomes and retailers including, Sheetz, McDonald’s, and Dunkin. The site is positioned within 15 minutes of Great Northern Mall, Great Northern Plaza, Crocker Park, and Cleveland Hopkins International Airport. Olmsted Township is experiencing rapid residential and commercial growth to support its expanding population. ALDI plans to celebrate its grand opening in November 2026.
Michael Weiss, Senior Director at Goodman Real Estate Services Group LLC, represented ALDI in the transaction. ALDI is a leading grocery retailer known for its unique store format, value-driven pricing, and distinctive shopping model, including its coin-based shopping cart system and emphasis on reusable bags.
Goodman Real Estate Services Group LLC represents ALDI throughout the Northeast Ohio market, providing market analysis, strategic planning, and transaction guidance to support the company’s continued growth. To discuss commercial real estate opportunities with ALDI, please contact Michael Weiss at Goodman Real Estate.
Goodman Real Estate Services Group is a premier commercial real estate brokerage specializing in retail brokerage, leasing, development, investment sales, and tenant representation across the Midwest. Since 1998, we have combined deep market expertise, advanced technology, data-driven insights, and a highly collaborative team approach to deliver strategic real estate solutions that help clients maximize value and achieve long-term success. For more information about Goodman Real Estate Services Group LLC, visit Our Website or call 216.381.8200
