Cleeman Realty Group is pleased to announce another off-market sale of a 30,000 SF retail center located in Gretna, LA. The property was 95% occupied at closing and situated along Lapalco Blvd, a strong retail corridor in the market with 38,000 vpd.
Michael Cleeman and David Kaufman of Cleeman Realty represented the buyer and seller in the transaction. Both private parties were local to the market.
"The buyer was familiar with the asset, liked the location and knew that there was a lot of potential to increase the value of the center" said Cleeman
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. 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.