{"id":1004231704,"date":"2018-05-24T03:09:43","date_gmt":"2018-05-24T11:09:43","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004231704"},"modified":"2022-12-08T22:23:55","modified_gmt":"2022-12-09T06:23:55","slug":"leon-capital-sells-fl-retail-center-for-19m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/leon-capital-sells-fl-retail-center-for-19m\/","title":{"rendered":"Leon Capital Sells FL Retail Center for $19M"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004231718\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Jensen-Beach-Aerial1.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004231718\" data-attachment-id=\"1004231718\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/leon-capital-sells-fl-retail-center-for-19m\/jensen-beach-aerial1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Jensen-Beach-Aerial1.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;2.8&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;FC330&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1500886522&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;3.61&quot;,&quot;iso&quot;:&quot;200&quot;,&quot;shutter_speed&quot;:&quot;0.0025&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Jensen Beach Aerial1\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Marketplace&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Jensen-Beach-Aerial1.jpg?w=800\" class=\"wp-image-1004231718 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Jensen-Beach-Aerial1.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Jensen-Beach-Aerial1.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Jensen-Beach-Aerial1.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Jensen-Beach-Aerial1.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004231718\" class=\"wp-caption-text\">Marketplace Square<\/p><\/div>\n<p>After <a href=\"https:\/\/www.commercialsearch.com\/news\/leon-capital-offloads-dfw-retail-asset\/\">selling the 75,387-square-foot Shops at MacArthur Hills<\/a> in Dallas last month, Leon Capital Group has also sold Marketplace Square, a shopping center in Jensen Beach, Fla., to Exchange Solutions Inc., for $19 million.<\/p>\n<p>Located at 3181 NW Federal Highway, the 169,223-square-foot property is anchored by Hobby Lobby and home to other tenants including Dollar Tree, Buddy&#8217;s Home Furnishing, Rush Trampoline Park, Sonic, Buffalo Wild Wings, Once Upon a Child and KFC. The retail asset is currently 89 percent leased, with 18,910 square feet still available.<\/p>\n<p>Cushman &amp; Wakefield&#8217;s Retail Investment Advisory Team of Managing Directors Patrick Berman and Jason Donald, as well as Associate Todd Tolbert, represented the seller.<\/p>\n<p><em>&#8220;With experience-based retail tenants like Hobby Lobby and an indoor trampoline park, as well as several popular restaurant chains, this property offers a diverse, internet-resistant tenancy at the apex of Jensen Beach&#8217;s retail market,&#8221;<\/em> said Berman, in a prepared statement. <em>&#8220;The opportunity to fully lease the property also presents significant upside potential.&#8221;<\/em><\/p>\n<p><em>Image courtesy of Cushman &amp; Wakefield\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cushman &amp; Wakefield represented the seller in its disposition of Marketplace Square, a 169,223-square-foot property anchored by Hobby Lobby. <\/p>\n","protected":false},"author":746,"featured_media":1004231718,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21742,21749],"tags":[32799,39669],"class_list":["post-1004231704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","category-retail","tag-cushman-wakefield","tag-leon-capital-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Leon Capital Sells FL Retail Center for $19M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/leon-capital-sells-fl-retail-center-for-19m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Leon Capital Sells FL Retail Center for $19M\" \/>\n<meta property=\"og:description\" content=\"Cushman &amp; Wakefield represented the seller in its disposition of Marketplace Square, a 169,223-square-foot property anchored by Hobby Lobby.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/leon-capital-sells-fl-retail-center-for-19m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-24T11:09:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T06:23:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/Jensen-Beach-Aerial1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"IvyLee Rosario\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/leon-capital-sells-fl-retail-center-for-19m\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/leon-capital-sells-fl-retail-center-for-19m\\\/\"},\"author\":{\"name\":\"IvyLee Rosario\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/f2094ece0e063845f848c7f1c7b84780\"},\"headline\":\"Leon Capital Sells FL Retail Center for $19M\",\"datePublished\":\"2018-05-24T11:09:43+00:00\",\"dateModified\":\"2022-12-09T06:23:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/leon-capital-sells-fl-retail-center-for-19m\\\/\"},\"wordCount\":187,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/leon-capital-sells-fl-retail-center-for-19m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/05\\\/Jensen-Beach-Aerial1.jpg\",\"keywords\":[\"Cushman &amp; 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