AUSTINTOWN, OH — 6/16/2025 — Cleeman Realty Group is pleased to announce the sale of Wedgewood Plaza, a 102,563-square-foot shopping center located in Austintown, Ohio. The property was approximately 89% occupied at the time of sale and sits on 12.46 acres along South Raccoon Road, which sees over 10,190 vehicles per day.
Wedgewood Plaza is anchored by Save A Lot and features a diverse mix of national, regional, and local tenants including McDonald’s and Pizza Hut, serving as a staple retail destination within the community.
“The buyer was attracted to the below market rents at the shopping center which provide for an opportunity to increase rents over time,” said Sam Seelenfreund of Cleeman Realty Group.
Sam Seelenfreund and Morris Ades of Cleeman Realty Group represented both the buyer and the seller in the transaction.
About Cleeman Realty Group
Cleeman Realty Group is a national commercial real estate investment sales firm specializing in the disposition and acquisition of retail shopping centers and net lease properties. The firm leverages deep market expertise and an extensive investor network to achieve optimal results for its clients.
For more information about Cleeman Realty Group and its services, please visit www.cleeman.com.