Syracuse, NY – [October 27, 2025] – Spinoso Real Estate Group and Kize Capital have announced the acquisition of Fairfield Commons, a 1.0 million-square-foot+ enclosed regional shopping center in Dayton, Ohio. The acquisition adds a high-performing, strategically located retail asset to the firm’s growing national portfolio and reflects continued confidence in the strength and resilience of the enclosed mall sector.

“Fairfield Commons is a dominant regional asset with strong fundamentals and significant growth potential,” said Carmen Spinoso, Chairman and CEO of Spinoso Real Estate Group. “Our platform is uniquely positioned to drive leasing velocity, enhance merchandising, and deliver measurable results at Fairfield Commons.”

This transaction marks the second joint-venture acquisition between Spinoso Real Estate Group and Kize Capital in Ohio, following their purchase of SouthPark Mall in Strongsville in 2021.

“This acquisition reflects our conviction in the future of enclosed retail and its essential role in its communities,” Spinoso added. “Dayton’s economic diversity, expanding employment base, and central logistics location make it an ideal market for long-term retail success.”

Market-Leading Performance and Strategic Position
Fairfield Commons stands as the #1 most-visited shopping destination in the Dayton metropolitan area, drawing more than 5.3 million annual visits. With an MSA encompassing more than 820,000 residents, the property serves as a cornerstone to the Dayton Market.

Anchored by Dick’s House of Sport, which opened in April 2025 as one of the first locations of its kind in the region; Dillard’s, scheduled to open in March 2026; JCPenney, ranked as the #3 most-visited store in Ohio; Round1, a top-performing entertainment anchor; and Morris Furniture, Fairfield Commons features a powerful mix of national brands including American Eagle/Aerie, H&M, Victoria Secre, Bath & Body Works, JD Sport and others. The surrounding trade area includes more than 1,500 hotel rooms within a 1.8-mile radius, underscoring the center’s strategic location and broad regional draw for visitors, travelers, and shoppers alike.

Located at the intersection of Interstates 70 and 75, Fairfield Commons occupies one of the most connected locations in the Midwest. The center is within a one-day drive of 60 percent of the U.S. population, providing unparalleled regional accessibility. The regional economy is anchored by Wright-Patterson Air Force Base, home to more than 38,000 employees and responsible for an estimated $17 billion in annual economic impact. The market is further supported by two major healthcare networks, Premier Health and Kettering Health, which together employ more than 26,000 professionals. It also benefits from a strong higher education presence through Wright State University and the University of Dayton. The region’s $2.6 billion tourism sector and more than 22,000 hospitality jobs continue to reinforce its vitality and demand for retail.

Strategic Vision: Reinvestment and Re-energization
Under new ownership, Spinoso Real Estate Group and Kize Capital plan to pursue a targeted strategy of reinvestment, merchandising, and experiential placemaking designed to strengthen market position, add long-term value and deepen the property’s connection to the community by positioning Fairfield Commons as the region’s preferred place to shop, dine, and gather.

Spinoso’s vertically integrated platform brings together in-house leasing, marketing, management, and redevelopment expertise, enabling the firm to identify opportunity, unlock value, and deliver performance at every level of operations.

“Our national platform is built on operational excellence, creativity, and an owner’s mindset,” said Spinoso. “We see tremendous opportunity to build on Fairfield Commons’ strong foundation and elevate it as a best-in-class regional destination.”

Expanding a Proven National Platform
With more than 40 malls currently under management and leasing nationwide, Spinoso Real Estate Group continues to expand its platform as one of the largest privately held enclosed mall operators in the United States. Since its founding in 2009, the company has been involved with more than 100 enclosed shopping centers across the country, leading successful redevelopments, leasing strategies, and repositioning projects that drive measurable results.