Cleeman Realty Group (CRG) is pleased to announce the off-market sale of Cornerstone Square shopping center in Morristown, TN. The 47,325 SF center is located at 1940 W Morris Blvd along the main retail corridor of Morristown across the street from Home Depot. The property was 85% occupied at closing and is anchored by Ollie’s Bargain Outlet.
CRG’s Michael Cleeman represented the buyer and seller in this transaction.
“the buyer was attracted to the Ollie’s anchor as it fits in well with their portfolio and the strong upside to the center which included a vacant outpad building” said Cleeman
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