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Netsreit Acquires Laplace Retail Property From Stirling Properties

Property Image
SOLD
$10,100,000

Louisiana

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Retail62,297 SF
Sold 05/13/2022
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Property Image
SOLD

Netsreit Acquires Laplace Retail Property From Stirling Properties

1830 West Airline Highway, La Place, Louisiana 70068, United States

See Similar Deals
Retail62,297 SF
Sold 05/13/2022
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Summary

LOUISIANA
Asset Type:Retail
Price Per Square Foot:$162
Total Square Footage:62,297 SF
Transaction Type:Sale

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.

Players

Michael Cleeman
19 deals$185.6M volume
BROKER

Samuel "Sam" Seelenfreund
Cleeman Realty Group
9 deals$116.6M volume
BROKER

Details

SOLD
IMAGE: Michael Cleeman & Sam Seelenfreund DATE: 05/13/2022 ADDRESS: 1830 W Airline Hwy MARKET: Laplace, LA ASSET TYPE: Retail BUYER: Netsreit SELLER: Stirling Properties (@StirlingProperties) BUYER'S REP: Michael Cleeman & Sam Seelenfreund (@Sam_Seelenfreund) - Cleeman Realty Group (@CleemanRealty) SALE PRICE: $10,100,000 SF: 62,297 ~ PPSF: $162

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