402,786-SQUARE-FOOT RETAIL CENTER SELLS FOR $7.5 MILLION IN OHIO

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CINCINNATI — Union Township Clermont County CIC Inc. of Ohio has acquired bigg's Place Mall in Cincinnati for $7.5 million. Situated on 40.62 acres, the 402,786-square-foot retail center is occupied by Hobby Lobby, Regency Beauty, Original Mattress Factory, Danberry Cinemas and Rincon Mexican Restaurant. At the time of acquisition, the property was 43 percent occupied. Steve Timmel, Jeff Johnston and Chris Prosser of Colliers International represented the seller, JPMCC 2006-LDP6 EASTGATE BOULEVARD LLC, in the transaction.

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