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 [...]
Carnegie Companies is pleased to announce the sale of (2) STNL properties (Scooter’s Coffee & Family Dollar) in Stephenville, TX. Carnegie acquired the larger (98,000 sf) University Plaza in 2017. In 2022 Carnegie sold the 4-tenant “outparcel” strip center at the shopping center and began marketing the sale of the recently developed Scooter’s Coffee (ground [...]
Carnegie Companies is pleased to announce the sale of a 1 acre outparcel at The Avenue at Grandview development in Madison, MS. The outparcel sale will result in the development of a Chipotle, which has been one of the most requested restaurants in Madison (https://onlinemadison.com/stories/chipotle-coming-to-grandview,43564). Chipotle will join Zaxby’s and Ichiban Hibachi & Sushi, driving [...]
Carnegie Companies is pleased to announce the sale of a 9,100 sf 4-tenant strip center in Stephenville, TX. Carnegie acquired the larger (98,000 sf) University Plaza in 2017. Since the acquisition, Carnegie has stabilized the asset with new long-term leases to Harbor Freight and Anytime Fitness, among others. Carnegie has also developed a free-standing Scooter’s [...]
