SRS Completes $7.5M Sale of Leesburg Retail Center

Connect CRE | Angela Noote

SRS Real Estate Partners has  announced the $7.475 million sale of  Leesburg Marketplace, a 81,071-square-foot multi-tenant retail center at 1101 W. North Boulevard in Leesburg, FL.

SRS Managing Principals Kyle Stonis and Pierce Mayson represented the seller, a private investor based in Florida. The property was purchased by Florida-based JTT Eagles, LLC.

“Retail assets in Central Florida are still receiving significant interest and activity despite recent capital markets challenges,” said Mayson. “Investor appetite for proven discount tenants and well-located product remains strong and it continues to pencil.”

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