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SouthPark Mall in Strongsville sells for $57.7 million CoStar An aerial photo shows SouthPark Mall in Strongsville. The enclosed mall changed hands in late April, selling to a New York-based hedge fund. Northeast Ohio s largest retail center, SouthPark Mall, has been sold for $57.7 million a price that reflects the broader plight of the shopping mall sector. Public records show that the Strongsville property changed hands on April 28. The buyer was a company tied to Kize Capital LP, a New York-based hedge fund. Some major mall owners are winnowing their portfolios, unloading properties that were declining in value even before the coronavirus pandemic and lockdowns drove more Americans to shop online. Reappraisals triggered by the crisis last year showed that mall values were down 60% or more, according to Trepp, a data provider that tracks properties that carry commercial mortgage-backed securities debt. ....
BROADVIEW HEIGHTS, Ohio Drunken driving, I-77: On Jan. 16, police observed a 2009 light blue Hyundai Santa Fe with Wisconsin plates traveling 105 MPH southbound on I-77. The Santa Fe exited at Royalton Road where the driver proceeded to lose control as the Hyundai crashed through the center guardrail suffering severe damage before ending up facing westbound in the eastbound lane of Royalton . ....
Cleveland man drives drunk because pregnant girlfriend was also intoxicated: North Royalton Police Blotter Updated Jan 27, 2021; Drunken driving: West 130th Street On Jan. 1, police observed a speeding and weaving white Jeep Patriot on West 130th Street. While talking to the Cleveland driver, who appeared to be drunk and said they were headed to Brunswick, the officer smelled booze and saw a can of White Claw sitting on the dash in front of the front-seat passenger. The man said he was driving because his pregnant girlfriend was “pretty” drunk. He apologized for speeding. That’s when the woman said she had to throw up. ....