Carnegie Companies is pleased to announce the sale of a Discount Drug Mart-anchored center located in Minerva, OH on 1/31/17. Discount Drug Mart is an Ohio-based pharmacy chain with over 70 locations. Carnegie owned the property for over 10 years, and after enjoying a material increase in rents, made the decision to sell.
Carnegie Companies is proud to announce the sale of Winchester Woods, a 168 unit multi-family property located in Fort Wayne, IN. Carnegie purchased Winchester in 2006 and successfully executed the long-term strategy of growing rents and increasing occupancy levels, prior to its sale on 1/9/17. Capitalizing on an aggressive market for residential properties, Carnegie plans to [...]
Carnegie Companies is pleased to announce the acquisition of Plaza of Mableton, in Mableton, GA. This property is a grocery-anchored retail neighborhood center located in the Powder Springs submarket of Cobb County, within the Metro-Atlanta MSA. The property is anchored by a strong-performing Food Depot on a long-term lease. Food Depot, a proven operator [...]
Carnegie Companies is pleased to announce the sale of two outparcels in Madison, MS. Ichiban Hibachi & Sushi http://ichibangrillms.com/ purchased 1.9 acres in July, and Zaxby's https://www.zaxbys.com/ purchased 1.3 acres in November, 2016. Carnegie is teaming up with The Mattiace Company, one of the largest developers in Mississippi http://www.mattiace.com/, on the Madison Grandview project, which consists of [...]
Carnegie Companies is pleased to announce a partnership with Weinberg Capital Group, a Cleveland based private equity investment and management company. WCG has a proven track record investing in well-positioned middle-market companies looking for additional capital and management expertise to enhance company financial performance and market position. Like Carnegie Companies, WCG also has experience investing [...]