Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ROSSFORD, OH-Ramco-Gershenson Properties Trust, a retail REIT, has broken ground on Rossford Pointe, a new 10-acre, 66,739-sf retail project near its Crossroads Shopping Centre in this suburb of Toledo.

Located near the intersections of Interstate 75 and US Highway 20, the new property will include recently signed tenants such as PetsMart, which took 20,339 sf of space. Negotiations are currently underway for a tenant who will take on 40,000 sf of space, leaving 6,400 sf of in-line retail space available.

Date of completion for the new center was not available at press time. When completed, Rossford Pointe will be neighbor to the 354,145-sf Crossroads Centre, which was developed and built by Ramco-Gershenson in 2001 and is close to being at 100% occupancy.

Tenants in Crossroads Centre include Home Depot, which takes up 116,000 sf, as well as Target, Giant Eagle, Linens ‘n Things and Michaels Stores. Out-parcel tenants include Belle Tire, Pier 1, Pet Supplies Plus, Chili’s and Mattress Firm. Sources note that the fast pace of residential have spelled the success of both Crossroads Centre, and potential success for Rossford Pointe.

In other news, the company has also signed a lease with TJ Maxx for a 30,545-sf addition to its Jackson Crossing shopping center in Jackson, MI. TJ Maxx will replace, in part, a number of smaller retailers and represents the sixth expansion of the center to include a national anchor tenant. Additional anchors at the center include Kohl’s, Target, Best Buy and Bed Bath & Beyond.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.