Notable Retail Leases Signed in South Florida Q3 2019

Nov 04
Notable Retail Leases Signed in South Florida Q3 2019

South Florida Retail Leases 2019

We’ve compiled a comprehensive list of the top retail leases signed by square footage in South Florida during Q3 2019. This quarter was very busy overall and saw several big box leases signed and sealed. Despite the sentiment that the traditional retail market is suffering due to several factors, particularly e-commerce and several retail store closures nationwide, this quarter’s lease highlights show how the South Florida retail market is robust and resilient.

Some big brand tenants that inked leases in South Florida during Q3 2019 include: Presidente Supermarket, Publix, Walgreens, Big Lot’s, Ross, Dollar Tree, and Aldi.

In Q3 we saw continued expansion of national retailers in restaurant, grocery, off-priced retail, and service sectors.  We expect leasing activity to remain strong in these sectors for the remainder of 2019 and into 2020.”

Marcos Puente, Director of Acquisitions, MMG Equity Partners

Presidente Supermarket Florida Commercial Real Estate

Top Retail Leases in South Florida – Q3 2019 (Alphabetically by Submarket)

Submarket Property Name Property Address Tenant  SF  Landlord Landlord Rep Tenant Rep
Boca Raton C3 State Rd 7 & Glades Rd Silverspot         36,542 Schmier & Feurring Properties, Inc. Schmier & Feurring Properties, Inc. – Brian S. Schmier
Boca Raton Mizner Park 402-444 Plaza Real The Blue Fish            5,200 Brookfield Properties Retail Group Sussman Realty, Inc. – Jeff Sussman
Boca Raton Uptown Boac Raton State Rd 7 & Glades Rd Chick Fil-A            4,869 Rosemurgy Properties
Boca Raton C6 State Rd 7 & Glades Rd Lazy Dog            8,421 Rosemurgy Properties Schmier & Feurring Properties, Inc. – Brian S. Schmier
Boca Raton State Rd 7 & Glades Rd BurgerFi            2,502 Rosemurgy Properties
Brickell 801 S Miami Ave Chipotle            2,095 The Related Group of Florida JLL – Jonathan Rosen & Zach Winkler
Cypress Creek Sunshine Plaza 4021-4299 W Commercial Blvd State Farm            1,508 Katz NYC Katz & Associates Corporation – Daniel Solomon & Eric Spritz
Delray Beach Atlantic Crossing 700 E Atlantic Ave The Hampton Social            8,677 Edwards Companies Drew Barkett & Steve Friedman
Downtown Miami 22 E Flagler St Ross         34,192 Aetna Realty Aetna Realty – Oscar Bustamante
Fort Lauderdale 1001 E Sunrise Blvd Paradise Grill            6,200 Big Wheel Cycles Ascendant Real Estate Group – Denyse J. O’Grady Stephen Leo
Fort Lauderdale River Market 2350-2420 N Federal Hwy Sephora (US)            5,300 Trust A of the Robert Rickel Trust Agreement EDENS – Jennifer Houston
Hollywood Village Square Shopping Plaza 1615-1661 N Hiatus Rd Pizza Hut            1,510 Garbati, Maria Cohen Commercial Realty, Inc. – Travis Langhorst & Bryan S. Cohen
Hollywood Sheridan 2319 N SR 7 Vicky Bakery            3,000 Sheridan Enterprises Allan Benes Daniel Pou
Homestead Portofino Plaza 600 NE 22 Terrace Sanitas 6,971 Prime Homes at Portofino Plaza
Jupiter Tequesta Shoppes 105-185 N US Highway 1 AT&T Wireless            1,400 Noble Properties Noble Properties – Paul Forberger
Kendall Sunset Park Plaza 8660-8690 SW 72nd St Bank of america            5,810 Agustin Herran Horizon Properties – Daniel Pou
Lower Riviera MF Paseo de la Riviera 1350 S Dixie Hwy Industrious         28,070 Interamerican Hotels Corp Centre-Line Real Estate – Lindsey Pankey
Medley/Hialeah Pura Vida 2901 W 16th Ave Dollar Tree         15,250 Coral Rock Development Group, LLC
Medley/Hialeah Pura Vida 2901 W 16th Ave Youfit         15,250 Coral Rock Development Group, LLC
Medley/Hialeah Pura Vida 2901 W 16th Ave WaWa            4,500 Coral Rock Development Group, LLC
Medley/Hialeah Pura Vida 2901 W 16th Ave Taco Bell            2,500 Coral Rock Development Group, LLC
Miami River Landing 1400 NW North River Dr Old Navy         17,700 H&R Real Estate Investment Trust UrbanX Group
Miami 207-227 NW 62nd St Checkers            7,500 Redevco Redevco – Debra Sinkle Kolsky
Miami Flagler Park Plaza 8219 W Flagler St. Humana Marketpointe            5,000 Kimco Realty Corporation Susie Hazzi Andrea Vigil- Cushman Wakefield
Miami Coral Way Plaza 8855 SW 24th St Caremax Medical Center            9,598 Kimco Realty Corporation Susie Hazzi
Miami Beach 719-737 Lincoln Rd Paul Grunner Art            5,863 Terranova Corporation Terranova Corporation – Mindy McIlroy
Miami Gardens/Opa Locka 8300 NW 7th Ave Truck and Dan            8,000 Decorus Realty Decorus Realty – Tomas Sulichin
Miami Lakes Cypress Village Shopping Center 7419-7433 Miami Lakes Dr Diced            2,100 Beacon Hill Property Group The Graham Companies – Stuart S. Wyllie
Miami Lakes American Dream Miami Turnpike & I-75 IT’SUGAR         22,000 Triple Five Development Corp. Triple Five Development Corp.
Midtown/Miami Midtown 5 201 NE 1st Ave C-1 Italica            3,500 JP Morgan Jon Samuel  Alyona Tsutskova
North Miami Beach Palmetto Glades Center 755-833 NW 167th St Coffea School            6,079 Mumford Properties, Inc Infinity Commercial Real Estate – John Dohm
Northeast Dade 1119 NE 125th St The Wild Orchid         16,000 Cambridge Capital Corp Inc Cambridge Capital Corp inc. – Thiago Lemos Guerra
Northeast Dade 13400 NE 3rd Ct Wendy’s            4,500 Citadel Plaza Llc Citadel Plaza Llc – Grisel M. Abreu
Northeast Dade RK California Club 850-980 Ives Dairy Rd Big Lot’s         42,500 RK Centers Louie Rousso – RK Centers
Palm Bch Cty Outlying 11959 Southern Blvd Burger King            2,164 David Goodrich
Palm Springs/Lake Worth Lantana Shopping Center 1505-1595 W Lantana Rd AT&T Wireless            3,575 BET Investments Inc. Cohen Commercial Realty, Inc – Allan Carlisle & Remington Phillips
Plantation 8210 W Broward Blvd Aldi         23,000 Midtown Development
Pompano Beach 1799 W Sample Rd Chase Bank            3,017 Stephane Maltais  HRA Florida, Inc. – Chad Costello
Royal Palm Bch/Wellington River Bridge Centre 6714-6864 Forest Hill Blvd Ace Hardware         13,000 Apollo Global Management LLC Kitson & Partners – Sonya Hene
South Dade 1250 N Flagler Ave Homestead Animal Hospital            7,008 Sovereign Asset Management Sovereign Asset Management – Charles Dyer
South Dade 13525 SW 288th St AutoZone            7,381 Matthews Real Estate Investment Services Matthews Real Estate Investment Services – Conrad Sarreal
Southwest Broward Miramar Park of Commerce 2900 N Commerce Pky Walgreens         51,863 Sunbeam Development, Inc. Jonathan Kingsley – Colliers International South Florida, LLC
Southwest Broward Boulevard Square 10810-11150 Pines Blvd Shoe Carnival         12,233 The Cornfeld Group Jenny Schuemann
Southwest Broward Countryside Shops 5524-5986 Flamingo Rd AT&T Wireless            1,335 Regency Centers Trinity Commercial Group – Michael Mogerman & Laura Briggle
Southwest Broward Cooper Plaza 9410-9980 Griffin Rd Two Rivers Church            5,500 Linet Realty Cooper Plaza Management – Yolanda Perez
Southwest Broward Pembroke Crossings 11810-11970 Pines Blvd Burlington         42,230 Prudential Insurance Co. Paco Diaz, CBRE
Southwest Broward Pembroke Crossings 11810-11970 Pines Blvd Golf Galaxy         31,743 Prudential Insurance Co. Paco Diaz- CBRE
Southwest Broward Monarch Town Center NWC Flamingo Rd And Miramar Pky Five Below            8,470 Stiles Realty Dan Coyle & Mike Carpenter
West Miami University Shoppes 1601-1695 SW 107th Davita Dialysis            6,480 Gabriel Harkham Karen Maerovitz
West Palm Beach Paradise Place 4065-4085 N Haverhill Rd N Publix         52,995 Phillips Edison & Company Gil Consuegra – Phillips Edison & Company Bob S. Balcerak
West Palm Beach 4201 Okeechobee Blvd The Juicy Crab            6,615 Grace Development, Inc. Grace Development, Inc. – Frederick Grace
West Palm Beach Cross Country Plaza 4346-4370 Okeechobee Blvd Presidente Supermarket         53,291 Alliance Private Capital Group LLC Daniel Solomon- Katz & Associates
Wynwood-Design District 80 NE 40th St Boffi Furniture            5,591 Century 21 Department Store Newmark RKF – David Abrams &  Tyler Loy

South Florida Retail Leases Q2 2019

Some big brand tenants that inked leases in South Florida during Q2 2019 include: Publix, Dollar Tree, AutoZone, Planet Fitness, and Taco Bell Cantina.

South Florida Q2 2019 As Seen By Our Retail CRE Expert

In Q2 we largely saw the continued expansion of new to market retailers in the healthcare, fitness, and grocery sectors, with restaurants being very active as well. This mirrors the macro trends of less demand from dry-retailers and increased demand from the service sector.”

Marcos Puente, Director of Acquisitions, MMG Equity Partners

Publix Florida Retail Leases 2019

 

 

Top Retail Leases in South Florida – Q2 2019 (Alphabetically by Submarket)

Submarket Property Name Property Address Tenant SF Landlord Landlord Rep Tenant Rep
Aventura Aventura Mall 19505 Biscayne Blvd Pinstripes 30,000 Seritage Growth Properties
Aventura RK Town Center – 170th 17000-17098 Collins Ave Uplyft Capital 11,000 RK Centers Louie Rousso
Boynton/Lantana Shoppes at Woolbright 10891 S Jog Rd Fifth Third Bank 3,979 Woolbright Development
Boynton/Lantana Fountains Of Boynton Beach 6645-6699 Boynton Beach Blvd Allura Salon Suites 4,844 DRA Advisors Jo-Anne Roggin & Sandi Rogacki
Coral Way 2460 SW 27th Ave Miami Day Care 7,400 Alberto J Cabrera Albert J Cabrera
Delray Beach Delray Square 4771 W Atlantic Ave Humana 7,000 The Keith Corporation David Emihovich
Fort Lauderdale Beach Place 17 S Fort Lauderdale Beach Blvd Taco Bell Cantina 5,638 Thor Equities
Fort Lauderdale The Main Las Olas 201 E Las Olas Blvd Publix 28,000 Shorenstein Properties Stiles Realty Stiles Realty
Fort Lauderdale 300 SW 1st Ave Matchbox 4,500 Property Markets Group
Fort Lauderdale 3831 N Federal Hwy Dollar Tree 10,400 N.E.G. Property Services Casey J. McConnell Steve M. Miller
Fort Lauderdale Santa Magdalena 5425-5443 N Federal Hwy Dogtopia 10,200 Kabat, Schertzer, De La Torre, Taraboulos & Co Alexandra Escudero
Fort Lauderdale 6 S Federal Hwy Vape Shop 3,816 Kodner Galleries Patricia Hart
Fort Lauderdale Ft. Lauderdale Plaza 7562 West Commercial Boulevard Hook & Reel Restaurant 6,125 Kimco Realty Corp. Susie Hazzi Greg Feroli
Hollywood 1903 Hollywood Blvd. Twin Peaks 14,475 YS Investments & Taillard Capital Karen Maerovitz & Daniel Solomon
Hollywood 2730-2736 Hollywood Blvd Achieve Therapy Center 4,868 Judith S Sayfie Carole Ann Hausman
Jupiter Bluffs Square Shoppes 4050 S US Highway 1 Seaside Adult Daycare 5,641 Equity One Lliliam Delgado-Marquez
Kendall Miller Square Shopping Center 13790-13876 SW 56th St Humana 6,100 Principal Financial Group Ruben Suarez
Kendall Miller Crossing 15718 SW 56 St AutoZone 10,000 SunTrust Bank Ana Vega-Garcia Jeremy Larkin & Joseph Gallaher
Kendall T.J. Maxx Plaza 7390 SW 117th Ave La Giraldilla Restaurant 5,156 Weingarten Realty Investors
Kendall The Palms at Town & Country 8202-8746 Mills Dr Legacy Fitness 4,600 Weingarten Realty Investors Nicole Townsend Ana G. Barcelo
Miami Beach 1698 Alton Rd SunTrust 3,696 Elion Partners George Radu
Miami 2205 NW 20th St Marina Supply 8,475 Aminov Property Isis Pellegrino
North Palm Beach Downtown at the Gardens 11702 Lake Victoria Gardens Ave Life Time Fitness 116,862 Keith & Beverly Monroe
North Palm Beach Ocean Walk 2401 N Ocean Ave Rock Elite Fitness 11,928 Duncan Hillsley Capital Shary Thur
Plantation Shoppes At Sawgrass 3415-3495 N Hiatus Rd Fun, Play and Party 13,500 Janoura Realty & Management Alex Karas
Plantation Town and Country Shopping Center 1801-1875 S University Dr Sephora 5,530 Ireland Companies Scott Ireland
Plantation 2050 N University Dr Pelican Reef 8,000 Egyes Leslie Jason Chamely Raydel Enriquez
Plantation Pine Island Shoppes 3511-3543 N Pine Island Rd The Sportz House 4,800 Genet Property Group Allana Rodriguez
Plantation University Shoppes 4938-4998 N University Dr Lauderhill Botanicals 3,933 Susi Enterprises Timothy P. Neal
Pompano Beach Palm Aire Marketplace 13-279 S Pompano Pky Presidente Supermarket 30,760 Guzman & Guzman PA Ariel Bernstein & Ruben Suarez
Pompano Beach Town Shoppes of Margate 2402-2534 N State Road 7 OTT Margate 6,000 Southern Management and Development Nick Brown
Pompano Beach The Promenade at Coconut Creek 4443 Lyons Rd Naked Taco 5,796 AEW Capital Management William A. Rooney
Pompano Beach Shoppes at Deerfield 3660-4060 W Hillsboro Blvd Cano Health 11,088 Weingarten Realty Investors Nicole Townsend
Sawgrass Park Sawgrass Commons 13001-13191 W Sunrise Blvd Canes Wear 4,920 Florida Value Partners Michael Mogerman & Laura Briggle
Southwest Broward Cobblestone Plaza 14802-14804 Pines Blvd Planet Fitness 20,219 Kite Realty Group Brian Hector
Southwest Broward Miramar Parkway Plaza 3320-3372 S University Dr Blink Fitness 10,666 FIP Realty Services Julian Huzenman Daniel A. Cardenas
Sunrise Spring Tree Center 8053 W Oakland Park Blvd Wild Fork Foods 4,000 Waterstone Capital Richard Wasserstain Patxi Diaz
Wynwood-Design District 3300-3326 N Miami Ave Calligaris 5,050 Martin Miculitzki Gaston Miculitzki

South Florida Retail Leases Q1 2019

It’s not just the quantity of leases, but also the quality of the spaces leased and the size that were notable during Q1 2019. Several leases on the list include spaces that are well over 40,000 square feet.

Some big brand tenants that inked leases in South Florida during Q1 2019 include: Publix, Burlington, Denny’s, Michaels, Lucky’s Market, and several major fitness companies, such as Orange Theory, Youfit, and UFC Fitness.

South Florida Q1 2019 As Seen By Our Retail CRE Expert

During the first quarter we saw a large uptick in new leases signed at new, recently delivered projects or those currently under construction. We expect leasing activity to remain robust during the remainder of 2019 throughout these new projects.”

Marcos Puente, Director of Acquisitions, MMG Equity Partners

South Florida Retail Market Publix

Top Retail Leases in South Florida – Q1 2019 (Alphabetically by Submarket)

Submarket Property Name Property Address Tenant SF Landlord Landlord Rep Tenant Rep
Coconut Grove Cocowalk 3015 Grand Ave Los Generales Restaurant 7,554 Federal Realty Investment Trust Irma Figueroa
Coconut Grove Cocowalk 3015 Grand Ave Botanico Restaurant 4,000 Federal Realty Investment Trust Irma Figueroa
Doral Landmark at Doral NW 58 St & NW 107 Ave Orange Theory Fitness 3,000 The Congress Group Daniel Pou Brandon Weiss, NAI Miami
Fort Lauderdale Bal Harbor Square 1744-1762 N Federal Hwy Publix 35,000 Retail Property Group Joe Carosella
Fort Lauderdale 239 Almond Ave Ben & Jerry’s 6,642 Tshuva Group of Companies Whitney Carr
Fort Lauderdale Riverbend Marketplace 2660 W Broward Blvd Five Below 10,723 Gatlin Development Company Bobby Albino
Hialeah Westland Promenade 3895 W 20 ave Burlington 40,040 Sterling Adrian Jimenez, Eddy Solera
Hollywood Monterra Town Center 3350 N University Dr Lucky’s Market 30,000 Diversified Companies Cary Goldberg
Homestead Homestead Town Square 831 S Dixie Hwy Orange Theory Fitness 4,380 Kimco Susana Hernandez-Hazzi Brandon Weiss, NAI Miami
Homestead Homestead Town Square 831 S Dixie Hwy Pacific Dental 4,105 Kimco Susana Hernandez-Hazzi Michael Weiss, SRS Real Estate Partners
Jupiter Admiral’s Crossing 3757 Military Trl Planet Fitness 17,800 Konover South Development Corp Zach Feldman
Lauderhill Ft. Lauderdale Plaza 7342-7362 W Commercial Blvd Burlington 44,450 Kimco Susana Hernandez-Hazzi Ross Waters, Atlantic Retail
Miami Beach Lincoln Road Mall 351 Lincoln Road Gymage 9,707 Manhattan House Inc Jay R Levy
Miami Dade Sunset Strip Plaza 10855 SW 72 St Craft Crab 7,274 CF Properties Corp Ruben Suarez, Sabrina Stimming
Miami Dade Town & Country Plaza 13712 SW 152 St Sherwin Williams 4,780 MMG Equity Partners Daniel Pou
Miami Dade 15235 SW 137 Ave Denny’s 4,654 GREC LLC Jorge Alvarino, Ivo Tsinev
Miami Dade Three Miami Central 161 NW 6 st La Estacion American Brasserie 10,000 All Aboard Florida
Miami Dade 2063 Biscayne Vissionaire 7,000 Infinity Real Estate Irma Figueroa
Miami Dade 2800-2808 N Miami Ave Spanglish Craft Cocktail Bar & Kitchen 7,300 Atlas Capital Group Tony Arellano, Devlin Marinoff
Miami Dade Midpoint 555-591 NE 79 St Clothing and More 7,211 Global Fund Investments & MMG Equity Partners Randy Tulepan, Douglas Wolfe
Miami Dade Miami Central 600 NW 1st St Chic-fil-A 2,948 All Aboard Florida Grace Chance, Andres Nava
Miami Dade Mall of the Americas 7795 W Flagler St Burlington 55,000 Sterling Adrian Jimenez, Eddy Solera
Miami Dade 8303 SW 40 St Surterra Wellness 3,200 MV Real Estate Holdings Daniel Pou Evan Mouhalis
Miami Dade Kendall Village Center 8695 SW 124 Ave Latin House Grill 4,500 Berkowitz Development Michael Berkowtiz
Miami Dade Shoppes at Beacon Lakes NW 117th Pl & 14 st City Furniture 53,044 Stiles
Miami Shores 8907-8909 Biscayne Blvd Cao Bakery and Café 3,200 German Paradelo Fabio Faerman Daniel Pou
Midtown The Shops at Midtown Miami 3401 N Miami Ave Negroni Bistro & Sushi Bar 4,000 SITE Centers Alyona Tsutskova, Saglo
Midtown The Shops at Midtown Miami 3401 N Miami Ave Lounge 55 3,412 SITE Centers Alyona Tsutskova, Saglo
Miramar Monarch Town Center NWC Flamingo Rd and Miramar Pky Publix 48,387 Stiles Mike Carpenter, Dan Coyle
North Lauderdale Promenade Shoppes 7900 W McNab Rd Mr. & Mrs. Crab Seafood 5,000 Arena Capital Holdings Jonathan Cashion, Daniel Solomon
Palm Beach Gardens Legacy Place 11375-11385 Legacy Ave Bassett Furniture 15,000 GLL Real Estate Partners Mike Carpenter
Pembroke Pines Pines City Center 10200 Pines Blvd UFC Fitness 40,000 TA Realty Rod Castan Jeff Evans, Comras
Pembroke Pines Pines City Center 10200 Pines Blvd McAlister’s Deli 3,427 TA Realty Jim Zaydon, Courtelis Bruce Pasternack, Courtelis
Pembroke Pines Boulevard Square 10810-11150 Pines Blvd Michaels 24,494 The Cornfield Group Jenny Schuemann
Pembroke Pines 16000 Pines Market 16000 Pines Blvd Cheddar’s Restaurant 8,015 Terra Group Jim Zaydon, Courtelis Nate Werner, RSI
Pinecrest Pinecrest Plaza 11701 S Dixie Hwy Restore Wellness 2,874 Laurie Richter Alyona Tsutskova, Saglo  Gloria Anselmo, Atlantic Retail Properties
Pompano Beach 1540 S Federal Hwy CenterState Bank 6,607 Bark Management Louis Giorgi
Sunrise 14301 W Sunrise Blvd Flanigan’s Seafood Bar 6,891 Gary Thibodo Nicole Messer
Tamarac The Fountaines 7041-7111 W Commercial Blvd J & F Elegant Creations 11,372 Genet Property Group Allana Rodriguez
West Palm Beach Summit Commons 1225 S Military Trl Out of The Park 20,000 Gerry Trader Inc Romina Traficante
West Palm Beach Shoppes At Cresthaven 2601-2675 S Military Trl Presidente Supermarket 55,025 Jimmy S. & Nancy Huang John Fitzgerald, Kim Fitzgerald
West Palm Beach Shoppes At Cresthaven 2601-2675 S Military Trl Youfit Health Clubs 11,450 Jimmy S. & Nancy Huang John Fitzgerald, Kim Fitzgerald
Weston Waterways Shoppes I 2210-2282 Weston Rd Hooters 5,000 Fondo Atlas

Review Top South Florida Retail Leases 2018


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