Arthur Kaplan represented the seller in the transaction involving a 43,966-square-foot neighborhood shopping center on Pearl Road in Brunswick Ohio
-- Anchor Retail announced the sale of Rolling Hills Plaza, a Dollar General-anchored neighborhood shopping center at 791–839 Pearl Road in Brunswick, Ohio. Arthur Kaplan, Senior Vice President of Investment Sales, represented the seller in the transaction.
The 43,966-square-foot property occupies approximately four acres along Pearl Road, Brunswick’s main commercial corridor. According to the property’s offering materials, the location has exposure to more than 16,500 vehicles per day and serves residents and commuters traveling between Brunswick and Strongsville.
Dollar General anchors a tenant mix that includes retail, dining, healthcare, insurance, fitness and other neighborhood services. The combination places multiple everyday uses within one center, serving customers from the surrounding residential communities.
Built in 1974, Rolling Hills Plaza was marketed at approximately 91% occupancy. The offering materials identified a 4,028-square-foot vacant suite, providing an opportunity for additional leasing. Occupancy figures reflect the property’s marketing period.
The offering materials also reported approximately 56,260 residents within three miles of the center, with average household income of $125,158. Brunswick’s location in Medina County places the property within the broader Cleveland–Akron region.
Arthur Kaplan's background includes commercial real estate investment sales, debt underwriting and acquisitions and dispositions across retail, net lease, industrial, office, hotel and development properties.
“Rolling Hills Plaza combines a national anchor with local businesses that serve the surrounding community’s everyday needs,” said Arthur Kaplan. “Our focus was to communicate the property’s investment fundamentals, identify a buyer and guide the transaction through closing on behalf of the seller.”
At Anchor Retail, Kaplan established the firm’s Columbus office. Before joining the company, he led the Kaplan Retail Advisors team at Marcus & Millichap and held positions with Northstar Realty and Schiff Capital.
About the company: Anchor Retail is a commercial real estate brokerage and property management firm with offices in Cleveland and Columbus, Ohio. The company provides investment sales, tenant representation, landlord representation and property management services for retailers, restaurants, owners, developers and investors nationwide.
Contact Info:
Name: Arthur Kaplan
Email: Send Email
Organization: Anchor Retail
Address: 24500 Chagrin Blvd., Suite 100 Beachwood, Ohio 44122
Phone: 646-494-4658
Website: https://anchorretail.com/
Release ID: 89208490
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