Carnegie Companies is proud to announce the purchase of Tiffany Plaza in Youngstown, OH. Tiffany Plaza is anchored by Marc’s with other notable tenants including Sherwin Williams, AT&T, Boardman Dialysis Center, and local favorites: Mocha House, Classic Baker, and Catullo Prime Meats, among others. Tiffany Plaza is located right off of Highway 680 at Boardman Poland Rd, in Boardman’s main retail node. Carnegie was able to roll three separate sales into a 1031 exchange with the Tiffany Plaza up-leg. Carnegie was attracted to the property given the long-term stability of a proven grocery-anchor in conjunction with an attractive in-place yield and upside opportunity through further lease-up and additional development possibilities.
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