David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Westgate Shopping Center was built in 1955 at 20900 Westgate Mall Drive, about 10 miles west of Cleveland. It is 97.2% occupied with Target anchoring it.
Commercial Real Estate Direct Staff Report Phillips Edison & Co. has paid $51.5 million, or $165.36/sf, for the 311,440-square-foot Westgate Shopping Center in Fairview Park, Ohio. The Cincinnati REIT purchased the open-air retail property from RH Johnson Co. of Kansas ...
94 percent leased. Inland financed its purchase of the Westgate property with a $40.4 million mortgage that pays a coupon of 4.9 percent and has a 10-year term.
© 2025 Commercial Real Estate Direct All rights reserved.
© 2024 Commercial Real Estate Direct All rights reserved..
