Carnegie Companies is proud to announce the acquisition of Southpark Commons. Located in the growing, dense and affluent community of Strongsville, OH, on the heavily trafficked retail corridor of Route 82/Royalton Rd., The Commons at SouthPark is an institutional quality Class A shopping center anchored by Michaels & DSW. This highly visible and easily accessible property was redeveloped in 2015-2016 and includes a great mix of local and regional restaurant, service, and retail users. Carnegie pursued this fully stabilized asset as a 1031 replacement property for 2 recent sales. This property represents a strategic focus on upgrading the Carnegie portfolio while simultaneously preserving cash flow and remaining disciplined in acquisition parameters.
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