Patton Wiles Fuller

Patton | Wiles | Fuller Closings

Closed

Consumer Square WestColumbus, OH

93% Occupied, 218,206 SF Kroger-Anchored Shopping Center in Columbus, OH; 20.7 Years of Weighted Average Lease Tenure Amongst Tenancy
Kroger In-Place Since 1989, Recently Exercised 5-Yr Option AS-IS, Reasonable $8.50/SF NNN Rent, Recently Added Fuel Station

Price: $16,576,000

Closed

Centennial PlazaAddison, IL

90.6 Percent Occupied, 115,456-Square-Foot Shopping Center in Addison, Illinois (Chicago Suburb) with WALT of Eight Years
Anchored by XSport Fitness (34 Percent of Gross Leasable Area) on 15-Year Triple-Net Lease thru January 2034 – New Tenant in 2019

Price: $15,400,000

Closed

The Plaza at Chapel HillCuyahoga Falls, Ohio

Giant Eagle, Burlington & Dick's-Anchored Power Center, Purchased by Baltimore, NYC, and Miami-Based Private Equity Partnership
NYC-Based Private REIT Seller, Escrowed During COVID-19 Crisis with 74% LTV Bridge Loan Successfully Obtained from First National Bank

Price: $46,000,000

GLA: 458,953 SF Occupancy: 90%

Closed

Southport & Indian Trail PlazasKenosha, Wisconsin

92% Occ. Regional Shopping Center w/ Grocery Component
Tenants Include Kohl's, Fresh Thyme, Hobby Lobby, Fresenius, Five Below, Dollar Tree & More

Price: $43,500,000

CAP Rate: 8.50% GLA: 407,367 SF

Closed

Stone Creek Towne CenterCincinnati, Ohio

Value Add Opportunity: Increase Net Operating Income by 28 Percent via Lease-Up of Vacant Suites (13,653 Square Feet) at Market Rates; Projected Year Three Net Operating Income of $3,184,351
Parcelization Strategy: Freestanding Credit Users Including Best Buy, Starbucks, and an Under Market Logan’s Roadhouse Pad are Prime Candidates for Bifurcation

Closed

Bluffton GatewayBluffton, South Carolina

Freestanding Sam's & Walmart, Direct Deal Sourced Off-Market
Georgia-Based Seller, NYC-Based 1031 Buyer

Price: $18,550,000

CAP Rate: 5.07% Term: 17 Years

Closed

The Shops at Worthington PlaceColumbus, Ohio

Out-of-State Buyer Secured New Debt
Texas-Based Seller, PWF Repped Both Sides

Price: Confidential

GLA: 139,283 SF Occupancy: 91%

Closed

Marketplace at Four CornersAurora & Solon, Ohio

Private NY Buyer 1031 Exchanging APT to RET, Florida-Based Seller/Original Developer
75% LTV CMBS Loan Assumed by Buyer in 81 Days, Walmart & Kohl's Included in Sale

Price: $55,675,000

CAP Rate: 7.18% GLA: 525,708 SF

Closed

Amherst MarketplaceAmherst, Ohio

Giant Eagle Anchored Center, Public REIT Seller
NE Ohio-Based Private Buyer, PWF Repped Both Sides

Price: $12,600,000

CAP Rate: 7.74% GLA: 79,945 SF

Closed

East Town PlazaMadison, Wisconsin

Call for Offers October 28th - 83% Occ. Value-Add Center
All National Tenancy: Marshalls, Ross, Burlington, Ulta & More

Price: $20,030,000

Closed

Cleveland Clinic Family Health & Surgery Center Ground LeaseStrongsville, OH

Cleveland Clinic Health & Surgery Center with 7 Years Remaining on Original 30-Year Absolute NNN Ground Lease in Strongsville, OH (Cleveland MSA)
Huge 15% Rent Increases Every 5 Years Throughout Base Term and In Options Provide Meaningful NOI Growth and Inﬂation Hedge

Price: $15,900,000

CAP Rate: 4.95% GLA: 166,254 SF

Closed

Net-Leased Restaurants & QSR/Fast FoodFL, GA, IL, IN, IA, KS, KY, MI, MN, MO, NC, OH, PA, TN, TX

77 Properties Sold Throughout 15 States
Tenants Sold: Arby's, Taco Bell, McDonald's, Starbucks, Chipotle, Burger King, Panera, Texas Roadhouse, Dunkin', and More

Price: $130,854,810

Properties Sold: 77 States: 15

Closed

Net-Leased Big-Box RetailIL, IN, MI, OH, PA, SC

19 Properties Sold Throughout 6 States
Tenants Sold: Walmart, Lowe's, Home Depot, Sam's Club, BJ's, Kroger, Giant Eagle, Kohl's, Cinemark & More

Price: $202,877,000

Properties Sold: 19 States: 6

Closed

Cold Spring CrossingCold Spring, Kentucky

Sold at 98% of List to Private 1031 Buyer, Buyer Assumed 2 Loans
M&M Repped Both Sides, Kroger, Home Depot & Kohl's Included

Price: $26,000,000

CAP Rate: 7.53% GLA: 325,383 SF

Closed

Kroger-Shadowed Strip CentersHowell, Michigan

43,445 SF 3-Property Portfolio, Sold at 95% of List to Ohio 1031 Buyer
Buyer Secured New Debt, M&M Repped Both Sides

Price: $6,750,000

CAP Rate: 7.83% Price/SF: $155

Closed

Shop n’ Save CenterGreensburg, Pennsylvania

Shop 'n Save Anchored - 26% of GLA, NNN Lease thru 2028
Offered at $55/SF with Cheap/Replaceable Rents

Price: $9,800,000

CAP Rate: 9.18% GLA: 191,645 SF

Closed

Bryan CrossingKodak, Tennessee

Sold at 97% of List Price, Public Non-Listed REIT Seller
Food City-Anchored, Purchased by Affiliate of Anchor

Price: Confidential

GLA: 64,905 SF Occupancy: 100%

Closed

Net-Leased Dollar StoresCT, FL, GA, IL, IN, LA, MI, MS, NE, NC, OH, PA, SC, TN, TX

83 Properties Sold Throughout 16 States
Tenants Sold: Dollar General, Family Dollar, Dollar Tree

Price: $103,661,939

Properties Sold: 83 States: 16

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