Deals + Doings

May 21, 2024

Closed in 26 Days: Matt Schiffman, Mike Gunn, and Noor Kalasho Close on Office/Retail Investment Property

We are thrilled to announce the successful sale of a fully-leased multi-tenant retail building located in the heart of Downtown Plymouth. This prime property, boasting a cap rate of 7.74%, is 100% occupied by four long-term tenants, making it a valuable investment opportunity.

Representing the seller, a valued client for over a decade, were our experienced agents, Matt Schiffman and Mike Gunn. Their deep understanding of the client’s needs and the local market dynamics played a crucial role in this successful transaction.

Our dedicated listing team worked diligently, attracting significant interest and bringing in five competitive offers. Ultimately, it was Noor Kalasho’s strong buyer that was selected, leading to an impressively swift and successful closing just 26 days after the property was listed.

This remarkable achievement underscores our team’s efficiency, collaboration, and the robust capabilities of our in-house resources. We pride ourselves on delivering exceptional results for our clients through teamwork, market expertise, and a commitment to excellence.