A major commercial real estate transaction has taken place in Northern Kentucky as Newport Pavilion, one of the region’s premier shopping destinations, has been sold to an undisclosed buyer.
Located just minutes from downtown Cincinnati, the 332,309 square foot retail center has been a cornerstone of shopping and dining in the area since its development in 2008. The center is currently fully leased and features major retailers including Kroger and Target as key anchors, although the sale did not include the Target store property.
Newport Pavilion has built a reputation as one of Kentucky’s busiest and most heavily trafficked shopping centers, attracting shoppers from both Northern Kentucky and Greater Cincinnati. Its strong tenant lineup and strategic location have made it a highly desirable retail asset…