Retail

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” [...]

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. [...]