DealPoint Merrill Secures Financing for Cleveland Giant Eagle

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LOS ANGELES- DealPoint Merrill has secured a $6.6 million construction loan for the redevelopment phase of the Giant Eagle Shopping Center in Cleveland, Ohio. The redevelopment will focus on the renovation of the existing building structures, landscaping and additional 60,000 square feet of building.

Three months after closing the sale of one of downtown Cleveland’s Giant Eagle Shopping Centers, DealPoint merrill secured financing for redeveloping the store into a new CubeSmart self storage.

Cleveland Grocery to be Converted to Storage A former Giant Eagle grocery store on Cleveland’s west side could be converted to a self storage center if it receives city approval. Los Angeles-based Dealpoint Merrill has submitted plans to the Cleveland City Planning Commission to double the 57,000-square-foot facility with a second floor.

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DealPoint Merrill Announces the Acquisition of 162,190 Square Foot Macy’s Department Store in Richmond Town Square, Richmond Heights, Ohio

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3/22/18 – DealPoint Merrill LLC, a real estate development and property-management firm, is set to convert a former Giant Eagle grocery store to self-storage in Cleveland.Real estate investment trust CubeSmart is slated to move into the 56,000-square foot building once complete. The city-supported project on Lorain Avenue near W. 130th Street also includes a restaurant to be built in front.

Three months after closing the sale of one of downtown Cleveland’s Giant Eagle Shopping Centers, DealPoint Merrill secured financing for redeveloping the store into a new CubeSmart self storage. The.

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Los Angeles-based DealPoint Merrill has acquired a shopping center in Southgate, MI formerly anchored by a Kroger supermarket. Seller and pricing were not disclosed. The property is located on 13.5 acres along Eureka Boulevard in Southgate, a suburb of Detroit, which counts Ford and General Motors operations in the nearby trade area.

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