SCI Real Estate Investments, along with 11 other tenant-in-common investors who are completing 1031 exchanges, acquired the 146,278-square-foot Tri County Crossing retail power center property in Springdale, Ohio.

The value of the transaction was $19 million.

The 14.6-acre property was built in 1995 and is located approximately 12 miles north of downtown Cincinnati.

The property has three tenants: Best Buy (NYSE: BBY), Barnes & Noble (NYSE: BKS) and Dick’s Sporting Goods (NYSE: DKS).

SCI’s acquisition executive Scott Derrick represented the buyers, and Ben Wineman & Rick Drogosz of Mid-America Real Estate Corp. represented the seller, whose identity was not disclosed.

West Los Angeles-based SCI is a commercial real estate investment company.


What’s your opinion? Send your Letter to the Editor to

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
Time is running out to secure your Connect Now tickets at the lowest price. Don't miss out on a chance to grow yourself and your business.Learn More×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription