Cedar Shopping Centers Inc. has purchased four shopping centers totaling approximately 481,000 square feet in Michigan and Pennsylvania.

The total value of the transactions was approximately $26.3 million.

Acquisitions include:

–The Clyde Park Shopping Center in Wyoming, Mich., which comprises 117,000 square feet and is anchored by an 85,000-square-foot Value City store;

–The Stadium Plaza Shopping Center in East Lansing, Mich., totaling 80,000 square feet, with a newly built, but presently unoccupied, Borman’s supermarket;

–The Dunmore Shopping Center in Dunmore, Pa., which has 101,000 square feet and is anchored by Consolidated Stores and Enyon Furniture;

–The Point at Carlisle Plaza in Carlisle, Pa., containing 183,000 square feet and anchored by Bon Ton, Office Max and Dunham’s.

Cedar Shopping Centers Inc. is a real estate investment trust focused on supermarket-anchored shopping centers and drug-store-anchored convenience centers.


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

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
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
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