Cleeman Realty Group (CRG) is pleased to announce the $4,900,000 off-market sale of Monticello Plaza, a Ruler Foods (Kroger) anchored retail center located in Godfrey, Illinois. The 100,000 SF center sits on 9.54 acres along Godfrey Road and was 80% occupied at closing.
CRG’s Jeremy Scheer and Jacob Baruch represented both the buyer and the seller in this transaction. The seller was an in-state investor and the buyer was a private investment firm based out of Fayetteville, AR.
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, please contact one of our team members at cleeman.com