Kite Realty Group Trust acquired the nearly 234,000-square-foot Eastgate Pavilion in Cincinnati, Ohio.

The value of the transaction was approximately $27.5 million.

Eastgate Pavilion community shopping center, built in 1995, was fully occupied at the time of sale. Tenants include Dick’s Sporting Goods, Value City Furniture, Best Buy, Bed Bath & Beyond, DSW and Petsmart. Additional development opportunities exist on two outparcels with the potential for a third outparcel.

Eastgate Pavilion Ltd. sold the property.

Kite Realty Group Trust is a full-service real estate investment trust focused on the development, construction and acquisition of community shopping centers.

***

What’s your opinion? Send your Letter to the Editor to opinion@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
We're here to help. Free 90-day trial for new subscribers.Click Here×