Category: National News
Cleeman Realty Group arranges off-market sale of Marion Oaks, grocery anchored shopping center in Oc...
August 5, 2022
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
NEI General Contracting opens a Houston area office
July 29, 2022
Missouri City, TX NEI General Contracting has opened a new office in the Houston area to support its Southwest operations. Led by project executive, Mike Myers, the new office is located at 13360 S. Gessner Rd. “As part of our continued growth, we are excited to open our new office in the Houston area,
Benchmark Senior Living expanding footprint to Greater Washington, D.C. area
July 22, 2022
Alexandria, VA Over the past 25 years, Benchmark Senior Living, the largest senior living provider in New England, has become an industry leader for independent living, assisted living and memory care. Now, the organization is bringing its award-winning senior care and experiences to Virginia and the greater Washington, D.C. area for the first time with
Cleeman Realty arranges the $8.4 million sale a free-standing Kohl’s in Knoxville, TN
July 15, 2022
Knoxville, TN Cleeman Realty Group negotiated the $8.4 million off-market sale of a free-standing Kohl’s. The 86,900 s/f building is located at 5312 Washington Pike on a 32 acre lot. Cleeman Realty Group represented the seller in the off-market transaction.
RK Centers acquires 256,000 s/f Pineapple Commons in Sunny Isles Beach, FL for $48.5 million
July 8, 2022
Sunny Isles Beach, FL RK Centers has acquired the Pineapple Commons, a regional power center with 256,000 s/f of open-air shopping located on US-1 at 2505 NW Federal Hwy. The purchase price was $48.5 million. The seller was Kimco Realty, represented by broker Dennis Carson of CBRE.
Lee & Assocs. and the Lee Land Team sell self-storage site in Murieta, CA for $5.8 million
July 8, 2022
Murrieta, CA Lee & Associates, and the Lee Land Team, sold an entitled self-storage site on Murrieta Hot Springs Rd. and Date St. on 3.04 acres. Matt Weaver, Al Apuzzo and Alex Bentley represented the seller, MHS 98 LLC.
Stiles begins 232-unit multifamily community at Grove Ninety-Eight in Wake Forest, NC
July 8, 2022
Wake Forest, NC Stiles has commenced construction on a 232-unit multifamily community at Grove Ninety-Eight, a mixed-use master planned development also featuring a 100,000 s/f Wegmans, an additional 80,000 s/f of walkable retail, and 395 “for sale” residential units. The project is located in the evolving North Raleigh submarket,
BG Capital sells Philadelphia industrial facility
July 8, 2022
Philadelphia, PA BG Capital sold their cold-storage industrial facility to a real estate fund managed by Ares Management for an undisclosed price. The property located at 1801 N 5th St. is a 105,000 s/f, tri-
Mohanan joins Sanbord, Head & Associates, Inc. Philadelphia office
June 24, 2022
Philadelphia, PA Sanborn, Head & Associates, Inc. (Sanborn Head) has added Nisha Mohanan, PE as a project director in the firm’s Development Client Service Area. Mohanan will serve as a senior leader
South Florida real estate investor uses Worth Avenue Capital loan to invest in a condo in West Palm ...
June 17, 2022
West Palm Beach, FL Worth Avenue Capital, LLC (WAC) closed a $285,000 loan to a real estate investor in South Florida. The loan proceeds were used to purchase a condo on South Flagler Dr. The loan is secured by a blanket first mortgage on the condo unit that was purchased as well as a second mortgage on another property in
Cleeman Realty Group brokers off-market sale of Johnstowne Mall in Shelbyville, Illinois
June 17, 2022
Shelbyville, IL Cleeman Realty Group negotiated the off-market sale of Johnstowne Mall. The 70,338 s/f shopping center was 74% occupied at the time of closing and featured a lineup of national tenants including Dollar Tree, O’Reilly Auto Parts and Ace Hardware.
Cleeman Realty Group arranges $10.1m off-market sale of net lease Winn Dixie Supermarket in Laplace,...
June 17, 2022
Laplace, LA Cleeman Realty Group negotiated the off-market sale of a freestanding Winn Dixie Supermarket. The 62,297 s/f building is located at 1830 West Airline Hwy. on a 7 acre lot. Michael Cleeman and Sam Seelenfreund of Cleeman Realty Group represented the buyer
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