Monmouth Retina Consultants Acquires Retail Property In Slingerlands For $18.5M

A retail property located at 41 Vista Blvd in Slingerlands was recently sold for a total price of $18,495,000. The property spans across 65,000 square feet, with a price per square foot of $284. The sale took place on December 30, 2020, and the property is situated in the Slingerlands market. The seller of the property was AAG Management, while the buyer was Monmouth Retina Consultants. The transaction was facilitated by Joel Cukier from James Capital Advisors.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $18,495,000
• Location: 41 Vista Blvd, Slingerlands
• Market: Slingerlands

Joel Cukier from James Capital Advisors played a crucial role in representing the buyer and the seller in this transaction. His expertise in the retail market helped facilitate the deal between AAG Management and Monmouth Retina Consultants. With his guidance, the transaction resulted in a capitalization rate of 7.16%. This deal showcases the importance of competent brokers like Joel Cukier in ensuring successful property transactions.