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. [...]
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 (CRG) is pleased to announce the $5,150,000 sale of Carolina Commons, a Food Lion anchored retail center located in Calabash, North Carolina. The 50,400 SF center sits on 6.1 acres along Ocean Hwy W. The property was 93% occupied at closing with Food Lion on a long term lease.CRG's team of Jacob Baruch, David Kaufman and Michael [...]
Cleeman Realty Group is pleased to announce the off-market sale of a Food Lion retail property in Jacksonville, North Carolina. The newly renovated 33,585 square foot supermarket along Gum Branch Road sits on approximately 2.43 acres. CRG successfully represented the buyer and the seller in the transaction. "The buyer was attracted to the healthy sales to rent ratio, steadily increasing [...]
Cleeman Realty Group announced the successful sale of a free-standing NNN leased Family Dollar location in Fayetteville, NC. The 9,180-square-foot, free-standing retail center sits on 1 acre off the busy intersection of Murchison Road and Country Club Drive. Jacob Baruch and David Kaufman represented both the seller and the buyer from LOI execution to closing in 30 days; in the [...]