The Kenwood Square shopping center, a 460,893-square-foot retail property located at 7800-7852 Montgomery Road in Cincinnati, OH, was sold for $80 million on June 20. The buyer, Peter Borzak of Pine Tree, acquired the property from the seller, Kenwood Square LLC. The property is situated in Sycamore Township, across from Kenwood Towne Centre.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $80,000,000
• Address: 7800-7852 Montgomery Road, Cincinnati, OH
• Market: Cincinnati, OH
• Buyer: Peter Borzak - Pine Tree
• Seller: Kenwood Square LLC
• Square Footage: 460,893
• Price Per Square Foot: $174

Chicago-based Pine Tree, represented by Peter Borzak, closed the deal by purchasing the Kenwood Square shopping center in Sycamore Township. The acquisition, at the notable price of $80 million, adds to Pine Tree's portfolio and further solidifies its presence in the retail real estate market.