A 61,839-square-foot neighborhood retail center in Leesburg, Va., has sold for $22.2 million.

The property, known as Bellewood Commons, is located at 525 E. Market St. Built in 1988, the five-building property is situated on 5.33 acres and was 97 percent leased at the time of sale.

Bethesda, Md.-based Minshall-Stewart Properties sold the asset to Charlottesville, Va.-based Neuman-Bellewood LLC.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Inman Connect Black Friday Sale! Bundle our next two events or secure your 2021 All Access Pass.SEE THE DEALS×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription