Leon Property Company has expanded into an additional eastern market, establishing a physical presence in the Carolinas. The office officially opened in October 2014, under the leadership of Vice President Todd Harrellson, and is located at 8311 Brier Creek Parkway, Suite 105-519 in Raleigh, North Carolina.
Currently, the Carolinas’ office has acquired two properties, totaling 76,000 square feet of retail, and has another three properties, totaling 90,000 square feet of retail, under contract for redevelopment. The existing property tenants include Barnes & Noble, HHGregg and Carrabba’s.
In addition to the properties, the Carolinas’ office has seven land tracts, totaling 155 acres, for ground up development under contract.
Leon has quickly been able to establish relationships with grocery stores, Quick Serve Restaurants and casual theme restaurants, which are expanding their store count in the Carolinas’ markets.