SOLD | Eastgate Ellet Plaza | Akron, Ohio

May 10, 2022 - Kyle Hartung of Goodman Real Estate Services Group LLC recently brokered the $6,300,000 sale of Eastgate Ellet Plaza in Akron, Ohio.  Kyle sourced the private buyer through national marketing and was able to overcome numerous complicated due diligence issues prior to closing.  The plaza serves the densely populated Ellet, Mogadore, and Lakemore neighborhoods in Akron, and offers tremendous upside in leasing vacancies and converting gross leases to NNN as they roll over. It is the primary neighborhood shopping center and features a wide mix of daily needs tenants including grocery, fitness, restaurants, nail salon, cellular, and others, and is shadow anchored by Save-A-Lot and the regional ACME grocery store.

Goodman Real Estate Services Group is a commercial real estate brokerage company specializing in marketing or acquiring real estate for its clients. Kyle Hartung is the Director of Investment Sales and can be reached at 216-381-8200, Ext. 205, and looks forward to discussing any investment sales needs, whether you are interested in selling, acquiring, or evaluating the current position of your property.