ICP Acquires 159,000 SF Former Dillard’s Property in Elyria, Ohio

ELYRIA, OHIO — Industrial Commercial Properties LLC (ICP) has acquired a 159,000-square-foot property at Midway Mall formerly occupied by Dillard’s in Elyria, about 30 miles southwest of Cleveland. The purchase price was not disclosed. The property sits on 18 acres. Earlier this year, ICP purchased the Sears building and Sears auto center on the western edge of the mall. ICP intends to redevelop the property, but specific plans have not been disclosed. Best Buy, Dunham’s Sports and Johnny K’s Power Sports anchor the 1.1 million-square-foot regional mall.