Saturday, November 23, 2024

Prudent Growth scoops up Ohio shopping mall for $4.8m | PE Hub

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  • Based in Chapel Hill, North Carolina, Prudent Growth Partners focuses on properties that tend to be overlooked by larger institutions
  • The firm was founded in 2015

Prudent Growth Partners acquires Centerville, Ohio-based shopping mall Home Center for $4.8 million.

Home Center was built in 1980 and renovated in 1991.

“We’re thrilled and optimistic about the purchase of the Home Center,” said Tom Hahn, president of Prudent Growth Partners in a statement.” We look forward to the performance of this property, given its great location and proximity within Dayton. It is a strong acquisition in Ohio for our investors and a great addition to our overall portfolio.”

Based in Chapel Hill, North Carolina, Prudent Growth Partners focuses on properties that tend to be overlooked by larger institutions. The firm was founded in 2015.

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