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Press
July 24, 2009
The Silver Group completes the Sale of a Home Savings Bank Ground Lease located in Chardon, Ohio
Barry Silver, principal with The Silver Group proudly reports the sale of a single tenant, un-subordinated ground lease in Chardon, Ohio. The property consists of a one acre out-parcel to the Meadowlands Town Center with a 22 year, absolute net ground lease from Home Savings. Home Savings is a subsidiary of the United Community Finance Corporation. Anchor tenants in Meadowlands Town Center are Walmart and Home Depot. The sale price was $800,000. The Silver Group was the only broker involved in the transaction.
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