Marquee Capital Acquires Pavilion Shopping Center In Moreland Hills For $31.5M

Matthews Real Estate Investment Services facilitated the $31.5 million sale of Pavilion Shopping Center located at 24055 Chagrin Boulevard in Moreland Hills, OH. The retail property spans 207,000 square feet and was sold at a price of $152 per square foot.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $31,500,000
• Property Address: 24055 Chagrin Boulevard, Moreland Hills, OH
• Market: Moreland Hills, OH
• Buyer: Jay Peirick - Marquee Capital
• Brokers: Ben Snyder, Matthew Wallace & Zack Bates - Matthews Real Estate Investment Services

The sale of Pavilion Shopping Center was facilitated by Matthews Real Estate Investment Services. The deal was concluded on November 21, 2023.

NOTE: Matthews Real Estate Investment Services facilitated the $31.5 million sale of Pavilion Shopping Center in Beachwood, a suburb of Cleveland.