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Cooper Commercial Group sells former Kmart building in Ohio May 14, 2021
The Cooper Commercial Investment Group closed the sale of the Harding Highway Aldi ground lease and the former Kmart building in Lima, Ohio, consisting of 92,000 square feet.
Aldi recently signed a 20-year NNN ground lease, which sits as an outlot to the big-box vacancy and will provide the buyer with tremendous upside upon lease-up.
The two buildings are shadow-anchored by a Walmart Supercenter and situated off Interstate-75, which includes other retailers such as Sam’s Club, Big Lots, Goodwill, McDonald’s, Taco Bell and Wendy’s.
Dan Cooper and Bob Havasi of the Cooper Commercial Investment Group represented the seller. The buyer, a private East Coast-based investment group. The property closed for $2.8 million in an all-cash deal.
UpdatedWed, May 5, 2021 at 3:32 pm PT
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The Hummus & Pita Co. is set to open California flagship location in North Hollywood’s NOHO Shopping Center. (Courtesy of The Hummus & Pita Co.)
NORTH HOLLYWOOD, CA The Hummus & Pita Co., a fast-growing, East Coast-based restaurant chain with such Mediterranean fare as gyros, pita and laffa breads, Turkish and vegan Morrocan meatballs, shawarma and cous cous, plans to open in June its first, flagship California location in North Hollywood.
Launched in Brooklyn in 2011, Hummus & Pita Co. prides itself on its Executive Chef Jose Tapia s menu, with vegetarian and vegan options, that draws influences from cuisines in Greece, Israel, Morocco and the Middle East.