Jacob Baruch and David Kaufman represented the buyer while Mike Wright represented the seller in the $4,800,000 off-market transaction.
“The seller was looking to divest and relocate their capital into other opportunities,” said Kaufman and Baruch. “The buyer, a private investor based in NC, was attracted to the opportunity to acquire a necessity based retail shopping center in a growing market.” Said the team.
Cleeman Realty Group is a full-service real estate advisory and investment group, specializing in the investment sales of retail, multifamily and industrial properties throughout the United States. With offices in New York and New Jersey, the Cleeman Team utilizes deeply rooted industry contacts to identify and evaluate off-market transactions with unparalleled efficiency. To sell your property or to inquire about our available acquisition opportunities, contact our team at cleeman.com.