October 4, 2019
Commercial real estate firm Stirling Properties acquired Santa Rosa Commons, a 138,850-square-foot, Publix-anchored retail center in the Pensacola-area community of Pace, FL. The sales price was $25.7 million.
Located 10 miles from downtown Pensacola, the center was completed in 2008. It is currently 95.5% leased to a variety of tenants, including T.J. Maxx, PetSmart, Shoe Carnival, Maurice’s, GameStop, Sally Beauty, Anytime Fitness, Chili’s, Wasabi House Restaurant and GNC. The center is shadow-anchored by Target and The Home Depot.
Brad Peterson, Whitaker Leonhardt, Michael Brewster, Ryan Stoffer and Coler Yoakam of JLL represented the undisclosed seller in the transaction.
For comments, questions or concerns, please contact David Cohen