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Dayton property where Kroger sits sold for $6.1 M

Kroger says no plans to close store at this time
A Montgomery County photograph of the Kroger at 1024 S. Smithville Road. CONTRIBUTED

A Montgomery County photograph of the Kroger at 1024 S. Smithville Road. CONTRIBUTED
Local News
By
Aug 20, 2020
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The property where a Kroger store sits at 1024 S. Smithville Road has a new owner after a $6.1 million sale, county records examined by the Dayton Daily News show.

Local property records show that Y&O Pinewood 1, a foreign limited liability company, with three other entities, purchased the nearly 50,000-square-foot Pinewood Plaza property for that amount from Gar Pinewood Limited Partnership.

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“We have no plans to close the store at this time,” Kroger spokeswoman Erin Rolfes said in response to a question Thursday. She added that Kroger is a tenant on the property, not an owner.

Nearly six acres of land were included in the transaction.

The last time the property changed hands was for $5.15 million in May 2011.

The store was built in 1979, according to records.

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Thomas Gnau is a business reporter who joined the Dayton Daily News in 2007. He has reported for daily newspapers in Ohio since 1991.