CTMT BROKERS $5.4 MILLION SHOPPING CENTER SALE

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FLORENCE, KY. — Colliers Turley Martin Tucker (CTMT) has brokered the sale of Houston Lakes Retail Center, a 73,145-square-foot shopping center, located at 77-87 Spiral Dr. in the Cincinnati suburb of Florence, for $5.4 million. The center is shadow-anchored by The Home Depot and Kohl’s, and consists of a 23,500-square-foot Haverty’s furniture store, as well as 49,645 square feet of vacant space formerly occupied by Media Play. Rob Taylor of CTMT represented the seller, Chicago-based 189 Madison Partnership. The buyer was undisclosed.

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