Refresh Planned for Villa South Shopping Center

Business Den reports that the Villa South Shopping Center at Mississippi and Wadsworth has been purchased and the new owners plan to spend $2.5 million refurbishing the aging strip mall. The shopping center's only notable tenant is Johnny's New York Pizza, a popular choice for pizza delivery in the downtown Lakewood area. As the new owners plan to raise rents substantially, it's an open question whether Johnny's or any of the current tenants will remain.