Real Estate 2023: MILES LEON

PRESIDENT, CHAIRMAN AND CEO, S.L. NUSBAUM REALTY, NORFOLK

Published August 30, 2023 by Virginia Business

As S.L. Nusbaum’s chief executive, Leon holds significant responsibilities for overseeing all company operations and driving new business development for the 117-year-old Nusbaum, which manages more than 30,000 apartment units throughout the mid-Atlantic and Southeast United States.

Leon co-founded First Commercial Real Estate Services, which was purchased in the early 1990s by Nusbaum, and Leon has served as president since 1991, later becoming CEO and chairman. In 2021, the company reported more than $400 million in completed transactions, and it has developed 7.3 million square feet of commercial real estate.

Leon serves on boards for the Children’s Hospital of the King’s Daughters Children’s Health System, Downtown Norfolk Council, Hampton Roads Community Foundation and several other organizations. He earned his bachelor’s degree at the University of Georgia and an MBA from the University of Miami.

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