Notable Retail Leases 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

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

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

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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Notable Retail Leases Signed in South Florida Q3 2019