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” [...]
Cleeman Realty Group's Investment Sales Team is pleased to announce the sale of 429 Lincoln Place in the Prospect Heights section of Brooklyn. The property consists of 9 residential units over 3 floors with a total size of approximately 5,600 SF. Zach Hering of Cleeman Realty represented the buyer in the $3,425,000 transaction. "The buyer owns a number of other [...]
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 [...]