News:
Brokerage
Posted: May 13, 2025
Arrow Real Estate Advisors secures acquisition financing for Kings Auto Mall Shopping Center
Cincinnati, OH Arrow Real Estate Advisors, a leading real estate finance advisory firm, has successfully arranged the acquisition financing for Kings Auto Mall Shopping Center, a 70,000 s.f open-air retail center located at 9966 Kings Auto Mall Rd. The property sits within one of the region’s most active commercial corridors, directly adjacent to the Kings Auto Mall, the largest auto dealership hub in the Midwest. Arrow Real Estate Advisors’ Morris Betesh, founder and managing partner, Jack McPhail, senior vice president, and Alex Ellman, senior associate, arranged the financing.
Kings Auto Mall Shopping Center features a diverse mix of national and regional tenants across grocery, fitness, healthcare, and discount retail categories. Currently over 90% leased, the center benefits from a stable, long-term tenant base, robust daily traffic, and demand generated by the surrounding retail and auto dealership density.
“This transaction highlights the continued appetite among lenders for well-located, necessity-based retail assets in high-traffic suburban corridors,” said Betesh, founder and managing partner of Arrow Real Estate Advisors. “Kings Mall is uniquely positioned in a market that continues to benefit from demographic strength and long-term economic momentum.”
Located off Interstate 71 in northeastern Cincinnati, the property enjoys visibility and accessibility via both highway and arterial routes. The broader Deerfield Township and Mason submarkets have seen sustained residential growth and remain attractive to both retailers and real estate investors seeking durable suburban opportunities.
Arrow delivered a non-recourse financing solution that not only meets near-term objectives but also preserves optionality for future growth and repositioning.
Tags:
Brokerage
MORE FROM Brokerage
Liberow and Benshar of Asset CRG Advisors arrange $18.1 million ground lease transaction for 358 Flatbush Ave. development site
Brooklyn, NY Asset CRG Advisors recently facilitated the disposition of 358 Flatbush Ave., a Brooklyn development site situated at the intersection of Park Slope and Prospect Heights overlooking Grand Army Plaza and Prospect Park.
Quick Hits
Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
AI comes to public relations, but be cautious, experts say - by Harry Zlokower
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
