Lacher told the Journal-News said the city of Hamilton helped sell them on the deal, saying, “the attractiveness of Hamilton as a place to invest capital over the long term. We believe the community will continue to grow.”
One of Anchor Investment’s current shopping center projects is in Madison, Tenn. and they own shopping centers in nine states. Town and Country Shopping Center will be the company’s third in Ohio.
Lacher said they plan to begin improvements in the next month or two, and they will focus on improving the parking lot and building enhancements.
Anchor Investments is also committed to the community, according to Lacher. They have their Anchor Gives Back initiative, which fosters community support and investing in local non-profits making an impact. In 2022, they supported more than 100 non-profit organizations.
Read More: Investment company buys Hamilton strip shopping center