Putterman of Cohen & Co. sells Plaza 12 for $9.2 million

According to Cohen and Co., Inc. Real Estate (CCIRE) the firm has recently completed the sale of Plaza 12 Shopping Center, a neighborhood shopping center for $9.2 million. Helen Putterman, president CCIRE exclusively represented the seller, New Carteret Associates, LLC, a New York City private investor who has owned the property since 1997. She also procured the purchaser, a New York City investor as part of a 1031 exchange. The buyer appreciated the security of having stable credit tenants such as Walgreen's, McDonalds, Auto Zone, Meineke Muffler.