Carter Properties Acquires West Bay Plaza Retail Center In Westlake, Ohio For $41.75M

Carter Properties has acquired West Bay Plaza, a 147,135-square-foot retail center located at 30010 Detroit Road in Westlake, Ohio, for $41.75 million. The purchase price equates to approximately $283.75 per square foot.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $41,750,000
• Address: 30010 Detroit Road, Westlake, Ohio
• Market: Westlake, Ohio
• Buyer: Carter Properties - Miles G. Carter
• Seller: SITE Centers Inc - David R. Lukes
• Broker: Goodman Real Estate Services Group

This acquisition was facilitated by Carter Properties, represented by Miles G. Carter from the agency. Selling the property was SITE Centers Inc, with David R. Lukes as their representative. The deal was executed with the assistance of Goodman Real Estate Services Group.

It is worth noting that the transaction involved the purchase of West Bay Plaza for $41.75 million, with a price of $283.75 per square foot.