May 10, 2022 - Kyle Hartung of Goodman Investment Group 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 Investment Group is a division of Goodman Real Estate Services Group LLC and provides investment brokerage and advisory nationally. Please reach out to Kyle Hartung with any questions regarding your property or the current investment market.