Garfield Heights, OH Nassimi Realty acquired two retail properties, Turney Town Plaza and Four Flaggs, totaling $30 million and adding up to 500,000 s/f of retail space.
Turney Town, located at 4908-5020 Turney Rd. in Garfield Heights, OH, features anchor tenants such as Dave’s Market, Advance Auto Parts, and Sherwin Williams, while Four Flaggs, situated at the southeast corner of Golf Road and Milwaukee Ave. in Niles, IL, includes anchor tenants including Fresh Farms, Marshalls, Ashley Furniture, and Old Navy.
This acquisition signifies Nassimi Realty's commitment to expanding its real estate portfolio.
Kevin Nassimi, vice president of Nassimi Realty, expressed confidence in these acquisitions, said, "Our entry into these two prime properties aligns perfectly with our investment strategy. These acquisitions are a valuable addition to our growing portfolio."
"Nassimi Realty is committed to enhancing the value of these properties and the communities they serve. Our plan is to add quality national and regional tenants to both centers," said Daniel Nassimi, vice president of Nassimi Realty. "By attracting renowned retailers and fostering vibrant business environments, we aim to create a lasting positive impact on the local economy and the overall retail experience."
Nassimi Realty's track record of success, coupled with its expertise in the real estate market, positions the company for continued growth and success in these new ventures.
The acquisitions reflect Nassimi Realty's dedication to identifying and seizing promising opportunities in the real estate market.