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Prospect Village Shopping Center Sells for $20M

LOUISVILLE, KY-TRIO Commercial Property Group LLC's partner and broker, Michael Tabor informed that Kroger Co. has acquired the Prospect Village Shopping Center for a price of $19.5 million.

By GlobeSt News Hub | Updated on December 26, 2012

LOUISVILLE, KY-TRIO Commercial Property Group LLC’s partner and broker, Michael Tabor informed that Kroger Co. has acquired the Prospect Village Shopping Center for a price of $19.5 million. The transaction closed on December 19, 2012. A Kroger store is the anchor tenant of the retail center located roughly 11 miles northeast of downtown Louisville. The grocer based in Cincinnati plans to increase the size of the Prospect store.

The shopping center, constructed in 2000, has an occupancy rate of nearly 90%. For the full story, go to Business Courier Serving Greater Cincinnati .

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