News: Brokerage

Cleeman Realty Group brokers off-market sale of 69,764 s/f Price Chopper Supermarket

Cortland, NY Cleeman Realty Group negotiated the off-market sale of a net-leased Price Chopper Supermarket. The 69,764 s/f property is on 5.51 acres, and is situated along NY-13.

Sam Seelenfreund of Cleeman Realty Group represented the purchaser and seller. The buyer was drawn to the location’s strong consumer traffic, access, and the absolute net lease structure, which requires no landlord responsibilities.

“This transaction highlights the continued demand for well-located, high-performing grocery assets with stable, long-term leases,” said Seelenfreund, SVP at Cleeman Realty Group. “Investors remain focused on essential retail properties that offer predictable cash flow and require minimal management.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional