Netsreit Acquires Laplace Retail Property From Stirling Properties

The retail property located at 1830 W Airline Hwy in Laplace, LA has been sold for $10,100,000. The property spans over 62,297 square feet, resulting in a price per square foot of $162. The sale was facilitated by Michael Cleeman & Sam Seelenfreund of Cleeman Realty Group who represented the buyer, Netsreit. The seller in this transaction was Stirling Properties.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $10,100,000
• Address: 1830 W Airline Hwy, Laplace, LA
• Market: Laplace, LA
• Square Footage: 62,297
• Price per Square Foot: $162

Michael Cleeman & Sam Seelenfreund from Cleeman Realty Group played a crucial role in facilitating this transaction as the buyer's representatives for Netsreit. The sale of this retail property in Laplace, LA marks a significant deal in the market.