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Phillips Edison & Co. has purchased Westgate Shopping Center, a 311,440-square-foot retail property in Cleveland’s Fairview Park suburb, for $51.5 million. JLL brokered the deal on behalf of the seller, The RH Johnson Co.

The asset previously changed hands in 2021, when RH Johnson bought it from DRA Advisors in a portfolio sale, according to CommercialEdge information. Wells Fargo Bank issued a permanent $36.6 million acquisition loan for that transaction.