Centennial Plaza, a strip center in the shadow of Classic Auto Group Park where the Lake County Captains play, has been acquired by an affiliate of Sandor, a large shopping center company with holdings in 25 states.
After 10 years, local developer Dick Pace recently ended his master lease on the retail complex. CBRE Group Inc. stepped in to manage and lease the property.
The nearly 99,000-square-foot building is only 37% occupied. It's a potential candidate for redevelopment, on a 5.65-acre site on the outskirts of Severance Town Center.