Cleeman Realty Group is pleased to announce the $6,850,000 off-market sale of Pine Valley Shopping Center in Wilmington, North Carolina. The 57,209 SF shopping center was 100% occupied at the time of closing and featured a high-performing Food Lion grocery store. The property sits on a 6.26-acre site and includes a strong line-up of national and regional tenants including Sherwin Williams, Dollar General and UPS.
David Kaufman and Sam Seelenfreund of Cleeman Realty Group represented the buyer and Jeff Idol of Maus Warwick Matthews & Company represented the seller in the transaction.
“The buyer was attracted to the strong lineup of national tenants and the high-performing Food Lion grocery anchor tenant” said Seelenfreund
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 www.cleeman.com