Trailblazing inner-city shopping center sold; Calif. investor buys Church Square, a retail hub used by Clinton to tout public-private urban deals.(News)

From: Crain's Cleveland Business | Date: September 4, 2006| Author: Bullard, Stan | Copyright information

Byline: STAN BULLARD

A California investor is the new owner of Church Square after paying more than $18 million for the East Side shopping center that pioneered a wave of retail development in Cleveland neighborhoods.

Fields Investments of West Hills, Calif., on Aug. 23 bought the fully leased, 109,000-square-foot shopping center from its developers Beachwood retail real estate brokers Hal Reisenfeld and Steve Wiesenberger. That deal followed by just two weeks...

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