Cleeman Realty Group is pleased to announce the $5,600,000 off-market sale of Kinnamon Village shopping center in Winston-Salem, NC. The 65,000 SF center is anchored by a strong performing Food Lion supermarket. The property sits on 15.73 Acres and was 76% occupied at closing.
Jacob Baruch of Cleeman Realty Group represented the buyer while John Katsias of The Katsias Company represented the seller in the off-market transaction. “the buyer was attracted to the successful Food Lion and the upside potential of a 76% occupied property” said Baruch
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 Florida, 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