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Schottenstein Real Estate Group Sells $177 Million in Developments and Announces 1200 New Units in Construction News provided by Share this article Share this article COLUMBUS, Ohio, Feb. 2, 2021 /PRNewswire/  Schottenstein Real Estate Group, one of the largest real estate development companies in the Midwest, announces the sale of three of their developments totaling $177 million.  The Delaware County developments included are Powell Grand Communities, located on Sawmill Parkway and Seldom Seen Roads, and Northlake Summit located at Route 36/37 and I-71, which were sold to Cortland.  Additionally, Central Gardens Grand located in Palm Beach Gardens, FL was sold to L&L Investors.  Managing Partner for Schottenstein Real Estate Group, Corey Schottenstein stated, Our developments were located in perfect locations for these times in high end suburban areas, and the type of product we develop is probably one of the best real estate investments in the current economic climate.

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