Cleeman Realty Group (CRG) is pleased to announce the $4,125,000 sale of Forest Hill Center, a Food Lion anchored retail center located in Lexington, North Carolina. The 52,855 SF center features multiple national and regional tenants, sits on 8.75 acres along U.S Highway 64 and was 86% occupied at closing. Jacob Baruch and David Kaufman of Cleeman represented the buyer, [...]
Cleeman Realty Group is pleased to announce the $4,025,000 sale of two free-standing retail properties leased to CVS in Knoxville, Tennessee and Bedford, OH. "The buyer, an East Coast based REIT, was attracted to the assets despite the the upcoming CVS lease expirations due to the strong real estate fundamentals of the properties including hard, signalized corners in growing markets” [...]
Cleeman Realty Group's Investment Sales Team is pleased to announce the sale of 429 Lincoln Place in the Prospect Heights section of Brooklyn. The property consists of 9 residential units over 3 floors with a total size of approximately 5,600 SF. Zach Hering of Cleeman Realty represented the buyer in the $3,425,000 transaction. "The buyer owns a number of other [...]
Cleeman Realty Group (CRG) is pleased to announce the $3,800,000 off-market sale of Hudson Crossing, a Food Lion anchored retail center located in Hudson, North Carolina. The 78,414 SF center sits on 10 acres along Hickory Blvd and was 96% occupied at closing.Jacob Baruch and David Kaufman of Cleeman Realty represented the buyer in the transaction. The seller was an [...]
Cleeman Realty Group is pleased to announce the $11,500,000 sale of a free-standing NNN retail property leased to Office Depot in Pasadena, CA. The property sold for one of the lowest cap rates ever paid for an Office Depot property in the country due to it's prime location on one of the busiest retail hubs in Pasadena, CA. The Office [...]
Cleeman Realty Group (CRG) is pleased to announce the $3,000,000 off-market sale of Pinehurst Plaza, a Food Lion anchored retail center located in Aberden, North Carolina. The 49,456 SF center sits on 6.86 acres along NC-5 and was 100% occupied at closing. CRG's Jacob Baruch represented both the buyer and the seller in this transaction. The seller was an out [...]
Cleeman Realty Group is pleased to announce the $4,300,000 sale of a free-standing retail property leased to CVS in Knoxville, Tennessee. The CVS located on a .4 acre parcel consists of a 10,125 building just north of downtown Knoxville on the signalized intersection of Broadway Street and Woodrow Drive. Nearby retailers include Dunkin Donuts, Walgreens, Harbor Freight Tools, Planet Fitness [...]
Cleeman Realty Group is pleased to announce the sale of a Food Lion anchored retail center located in Staunton, Virginia. The property consists of approximately 51,800 SF on 4.66 acres along West Beverly Street.Cleeman Realty's Investment Sales Team represented the buyer in this transaction."the buyer was attracted to the steadily increasing Food Lion sales and growing demographics in the area. [...]
Cleeman Realty Group is pleased to announce the off-market sale of a free standing Winn-Dixie supermarket located in Covington, Louisiana. Covington is an affluent city approximately 40 miles outside of New Orleans across Lake Pontchartrain. The city is going through a major development spurt with numerous housing developments under construction. The 53,000 SF center sits on 5.59 acres along Louisiana [...]
Cleeman Realty Group's Investment Sales Team is pleased to announce the sale of 2818 Foster Avenue in the Flatbush section of Brooklyn. The property consists of 23 residential units over 4 floors with a total size of approximately 17,280 SF. Zach Hering and Michael Cleeman represented the buyer in the $4,775,000 transaction.About Cleeman Realty Group:Cleeman Realty Group's Investment Sales Team [...]