October 4, 2019 Comments Off on Stirling Properties Acquires Pensacola Retail Center for $26M Views: 884 Florida News, Gulf Coast, Top Florida

Stirling Properties Acquires Pensacola Retail Center for $26M

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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.

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