Cleeman Realty Group is pleased to announce the $4,175,000 off-market sale of Tops Plaza in Corning, NY. The property was 88% occupied at the time of sale and included over 60,456 SF of GLA leased to national, regional and local tenants. The shopping center was remodeled in 2014 and includes a Tops Supermarket and fuel station.
Sam Seelenfreund of Cleeman Realty Group represented the buyer in this transaction.
“The buyer was attracted to the strong-performing grocery anchor that has a long operating history in this market and is well-poised for future growth after the successful Tops / Price Chopper merger that closed a few months ago” 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