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M&M Arranges $8.7M Sale of 140,918 SF Shopping Center in Mentor, Ohio

Aldi, Babies R Us, T.J. Maxx and Dollar Tree anchor the shopping center, which was 96 percent occupied at the time of sale.

MENTOR, OHIO — Marcus & Millichap has arranged the $8.7 million sale of Mentor City Shopping Center. The 140,918-square- foot retail property is located at 7845 Mentor Ave. in Mentor. Babies R Us, T.J. Maxx, Dollar Tree and Aldi anchor the shopping center, which was 96 percent occupied at the time of sale. Seth Richard of Marcus & Millichap’s Manhattan office and Laurie Ann Drinkwater of Marcus & Millichap’s Boston office, along with the firm’s retail team of Craig Fuller, Erin Patton and Scott Wiles, represented the New York-based seller. Wiles, Patton and Fuller also represented the undisclosed buyer.

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