Cleeman Realty Group (CRG) is pleased to announce the $18,500,000 sale of 315 & 325 Weakley Road and 2365 Portico Blvd., a three building industrial portfolio located in Calexico, CA. The three buildings along the Mexico/California border total 300,000 SF and were 100% occupied at closing. CRG's David Kaufman represented the buyer and Michael McFarland of Cardinal Industrial represented the [...]
May 17th, 2019 Cleeman Realty Group is pleased to announce the sale of the Winn Dixie anchored retail center in Kenneth City, FL. The 49,726 SF grocery-anchored retail center is located at the corner of 54th Avenue North and 58th Street North. Winn Dixie has been at this location for close to 55 years and was renovated in 2013. Jacob [...]
Cleeman Realty Group (CRG) is pleased to announce the $6,000,000 off-market sale of Kroger Plaza, a Kroger anchored retail center located in Wintersville, Ohio. The 62,000 SF center sits along Route 43 and was 100% occupied at closing. CRG's Jacob Baruch and Jeremy Scheer represented both the seller and buyer in this transaction. The seller was an in-state investor and [...]
Cleeman Realty Group is pleased to announce the sale of a Food City and Family Dollar anchored retail center located at 205 Riverbend Drive in Pennington Gap, Virginia. The center is located on approximately 8.64 acres and consists of a 54,240 sq ft building. The property is the dominant shopping center in the Pennington Gap market. Jacob Baruch represented the seller a [...]
Cleeman Realty Group (CRG) is pleased to announce the $4,900,000 off-market sale of Monticello Plaza, a Ruler Foods (Kroger) anchored retail center located in Godfrey, Illinois. The 100,000 SF center sits on 9.54 acres along Godfrey Road and was 80% occupied at closing. CRG's Jeremy Scheer and Jacob Baruch represented both the buyer and the seller in this transaction. The [...]
Cleeman Realty Group along with Atlantic Real Estate Management announced the successful sale of Southeast Plaza in Goldsboro, NC. The 48,832-square-foot, grocery-anchored retail center sits on 8.88 acres off of Highway 111 with access on Mollie Drive.Jacob Baruch and David Kaufman represented the buyer while Mike Wright represented the seller in the $4,800,000 off-market transaction.“The seller was looking to divest [...]
Cleeman Realty Group is pleased to announce the $2,750,000 sale of a free-standing retail property leased to Piggly Wiggly Supermarkets in Homerville, GA. The store is located on a 2.57 acre parcel and consists of a 21,000 sq ft building. The property had been operated as a Harveys Supermarket and was sold to a Piggly Wiggly operator in 2018. Jacob [...]
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 [...]
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” [...]