Cleeman Realty Group is pleased to announce the $10,300,000 off-market sale of Holly Hill Plaza in Holly Hill, Florida. The 116,096 SF shopping center was 85% occupied at the time of closing and is anchored by a Winn Dixie grocery store. The property sits on approximately 14.91 acres along the highly trafficked LPGA Blvd.

Michael Cleeman represented the seller, a local company that owned the property for many years and Zach Regenstein of Cleeman Realty represented the buyer, a private investment group based in New York, in the transaction.

“The buyer was looking to expand their portfolio into the growing Florida market, in addition the supermarket anchor and the center’s significant upside was attractive to the acquisition” said Zach Regenstein

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