SALE PRICE: $13,550,000
RealINSIGHT Marketplace is an adept venue for selling all asset classes including grocery-anchored retail. For the sale of this 97,000+ SF grocery-anchored retail center, the seller engaged a regional, retail-focused investment sales brokerage team with intimate knowledge of both the asset and local market. The offering benefitted from a long-term grocery anchor with above average sales and recently renovated space and with ~20,000 SF (20% of GLA) of vacant in-line space presented an immediate lease-up opportunity for value-add investors. The sale attracted an exceptionally wide and experienced buyer pool including institutional firms, well-capitalized private domestic and foreign funds, and private investors that competed fervently for the asset during the Classic Sale Event pushing value above even the Seller’s most aggressive projections.
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Disclaimer of Warranties
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Limitation of Liability
Unless otherwise required by law, User agrees to hold harmless the sellers, real estate agents and brokers, and CW REDS, RI and their respective employees, agents, principals, affiliates, directors, attorneys, advisors, and subsidiaries (“Representatives”) for any injuries or damages resulting from errors, omissions, failures of performance, interruption, delays, defects, connectivity issues, browser issues, or otherwise. These limitations and exclusions apply regardless of whether any damages or claims arise from breach of contract, negligence, or any other cause of action, unless such exclusions are otherwise prohibited by applicable law.
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Waiver of Class Action
As a condition of using RIM, User agrees and acknowledges that any claims or causes of action arising out of or connected with these Terms shall be resolved individually, without resorting to a class or representative action. By continuing to access or use RIM, User explicitly consents to the waiver of such class and representative actions.
Please review the Privacy Terms [Insert Link] and Sale Event Terms [Insert Link].
User’s continued access and use of RIM serves as acknowledgement that User will comply with all applicable laws, regulations, and ordinances, whether they be federal, state, local, or international regarding User’s use of RIM, and User’s bidding on, marketing, soliciting of offers to purchase, and selling of property.
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CW REDS and/or RI may assign these Terms, in whole or in part, at any time. Such assignment is permitted regardless of whether or not CW REDS and/or RI gives notice to User of such assignment.
CW REDS’s and/or RI’s failure to enforce and/or exercise any provision of these Terms does not constitute a waiver of such provision.
These Terms set forth the entire understanding among User, CW REDS, and RI with respect to the subject matter hereof.
Should any provision of these Terms be held invalid or unenforceable, that provision shall be struck, and the remainder of the Terms shall remain in effect.
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Updated: February 25, 2018