News: National News
Posted: August 5, 2022
Cleeman Realty Group arranges off-market sale of Marion Oaks, grocery anchored shopping center in Ocala, Fla.
Ocala, FL Cleeman Realty Group arranged the $4.575 million off-market sale of Marion Oaks, a grocery anchored retail center. The 56,877 s/f center is 83% occupied and anchored by a Winn Dixie supermarket. This is the first time that the property has sold since it was originally developed in 1992. Winn Dixie completed a full store remodel in 2021 that helped to increase sales at this location.
Michael Cleeman represented the seller and Rob Monahan of Island Associates represented the buyer in the transaction.
“The seller is the original developer of the property and felt it was a good time to capitalize on the sale of the asset.” said Cleeman.
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