Carnegie Companies is pleased to announce the sale of a second outparcel (apx 1 acre) at Meadowview Square, a Wal-Mart anchored retail shopping center in Kent, Ohio. Carnegie sold the outparcel for the development of a free-standing corporate Taco Bell. This sale and development will add additional traffic and momentum to the shopping center and [...]
Carnegie Companies is pleased to announce the sale of approximately 9 acres in Ripley, NY. Carnegie has owned the property and enjoyed stable cash flow for over 20 years. Carnegie was approached by a travel center / gas station operator and successfully negotiated the sale of the site for the future development of an ONVO [...]
Carnegie Companies is pleased to announce the sale of Grand Haven Shopping Center, in Grand Haven, MI. Carnegie has owned this strip center since 2019. The property was acquired in a portfolio with the neighboring Beacon Square Shopping Center via a portfolio acquisition. Carnegie assumed the existing CMBS mortgage and has improved the property with [...]
Carnegie Companies is pleased to announce the sale of a 2 tenant medical outparcel building in Berea, OH. This sale follows the 2022 vacant outparcel land sale to Taco Bell and furthers Carnegie’s business plan for the original property acquisition. With this sale, Carnegie has returned over 150% of the original basis via these 2 [...]
Carnegie Companies is pleased to announce the sale of a free-standing Chipotle in Salem, OH. Carnegie entered into a build-to-suit lease agreement with Chipotle and re-developed the former gas station parcel into a Chipotle in 2020. This development added significant value, by converting what was a low rent ground lease into a high rent, high [...]
