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)

SubmarketProperty NameProperty AddressTenant SF LandlordLandlord RepTenant Rep
Boca RatonC3State Rd 7 & Glades RdSilverspot        36,542Schmier & Feurring Properties, Inc.Schmier & Feurring Properties, Inc. – Brian S. Schmier
Boca RatonMizner Park402-444 Plaza RealThe Blue Fish           5,200Brookfield Properties Retail GroupSussman Realty, Inc. – Jeff Sussman
Boca RatonUptown Boac RatonState Rd 7 & Glades RdChick Fil-A           4,869Rosemurgy Properties
Boca RatonC6State Rd 7 & Glades RdLazy Dog           8,421Rosemurgy PropertiesSchmier & Feurring Properties, Inc. – Brian S. Schmier
Boca RatonState Rd 7 & Glades RdBurgerFi           2,502Rosemurgy Properties
Brickell801 S Miami AveChipotle           2,095The Related Group of FloridaJLL – Jonathan Rosen & Zach Winkler
Cypress CreekSunshine Plaza4021-4299 W Commercial BlvdState Farm           1,508Katz NYCKatz & Associates Corporation – Daniel Solomon & Eric Spritz
Delray BeachAtlantic Crossing700 E Atlantic AveThe Hampton Social           8,677Edwards CompaniesDrew Barkett & Steve Friedman
Downtown Miami22 E Flagler StRoss        34,192Aetna RealtyAetna Realty – Oscar Bustamante
Fort Lauderdale1001 E Sunrise BlvdParadise Grill           6,200Big Wheel CyclesAscendant Real Estate Group – Denyse J. O’GradyStephen Leo
Fort LauderdaleRiver Market2350-2420 N Federal HwySephora (US)           5,300Trust A of the Robert Rickel Trust AgreementEDENS – Jennifer Houston
HollywoodVillage Square Shopping Plaza1615-1661 N Hiatus RdPizza Hut           1,510Garbati, MariaCohen Commercial Realty, Inc. – Travis Langhorst & Bryan S. Cohen
HollywoodSheridan2319 N SR 7Vicky Bakery           3,000Sheridan EnterprisesAllan BenesDaniel Pou
HomesteadPortofino Plaza600 NE 22 TerraceSanitas6,971Prime Homes at Portofino Plaza
JupiterTequesta Shoppes105-185 N US Highway 1AT&T Wireless           1,400Noble PropertiesNoble Properties – Paul Forberger
KendallSunset Park Plaza8660-8690 SW 72nd StBank of america           5,810Agustin HerranHorizon Properties – Daniel Pou
Lower Riviera MFPaseo de la Riviera1350 S Dixie HwyIndustrious        28,070Interamerican Hotels CorpCentre-Line Real Estate – Lindsey Pankey
Medley/HialeahPura Vida2901 W 16th AveDollar Tree        15,250Coral Rock Development Group, LLC
Medley/HialeahPura Vida2901 W 16th AveYoufit        15,250Coral Rock Development Group, LLC
Medley/HialeahPura Vida2901 W 16th AveWaWa           4,500Coral Rock Development Group, LLC
Medley/HialeahPura Vida2901 W 16th AveTaco Bell           2,500Coral Rock Development Group, LLC
MiamiRiver Landing1400 NW North River DrOld Navy        17,700H&R Real Estate Investment TrustUrbanX Group
Miami207-227 NW 62nd StCheckers           7,500RedevcoRedevco – Debra Sinkle Kolsky
MiamiFlagler Park Plaza8219 W Flagler St.Humana Marketpointe           5,000Kimco Realty CorporationSusie HazziAndrea Vigil- Cushman Wakefield
MiamiCoral Way Plaza8855 SW 24th StCaremax Medical Center           9,598Kimco Realty CorporationSusie Hazzi
Miami Beach719-737 Lincoln RdPaul Grunner Art           5,863Terranova CorporationTerranova Corporation – Mindy McIlroy
Miami Gardens/Opa Locka8300 NW 7th AveTruck and Dan           8,000Decorus RealtyDecorus Realty – Tomas Sulichin
Miami LakesCypress Village Shopping Center7419-7433 Miami Lakes DrDiced           2,100Beacon Hill Property GroupThe Graham Companies – Stuart S. Wyllie
Miami LakesAmerican Dream MiamiTurnpike & I-75IT’SUGAR        22,000Triple Five Development Corp.Triple Five Development Corp.
Midtown/MiamiMidtown 5201 NE 1st Ave C-1Italica           3,500JP MorganJon Samuel Alyona Tsutskova
North Miami BeachPalmetto Glades Center755-833 NW 167th StCoffea School           6,079Mumford Properties, IncInfinity Commercial Real Estate – John Dohm
Northeast Dade1119 NE 125th StThe Wild Orchid        16,000Cambridge Capital Corp IncCambridge Capital Corp inc. – Thiago Lemos Guerra
Northeast Dade13400 NE 3rd CtWendy’s           4,500Citadel Plaza LlcCitadel Plaza Llc – Grisel M. Abreu
Northeast DadeRK California Club850-980 Ives Dairy RdBig Lot’s        42,500RK CentersLouie Rousso – RK Centers
Palm Bch Cty Outlying11959 Southern BlvdBurger King           2,164David Goodrich
Palm Springs/Lake WorthLantana Shopping Center1505-1595 W Lantana RdAT&T Wireless           3,575BET Investments Inc.Cohen Commercial Realty, Inc – Allan Carlisle & Remington Phillips
Plantation8210 W Broward BlvdAldi        23,000Midtown Development
Pompano Beach1799 W Sample RdChase Bank           3,017Stephane Maltais HRA Florida, Inc. – Chad Costello
Royal Palm Bch/WellingtonRiver Bridge Centre6714-6864 Forest Hill BlvdAce Hardware        13,000Apollo Global Management LLCKitson & Partners – Sonya Hene
South Dade1250 N Flagler AveHomestead Animal Hospital           7,008Sovereign Asset ManagementSovereign Asset Management – Charles Dyer
South Dade13525 SW 288th StAutoZone           7,381Matthews Real Estate Investment ServicesMatthews Real Estate Investment Services – Conrad Sarreal
Southwest BrowardMiramar Park of Commerce2900 N Commerce PkyWalgreens        51,863Sunbeam Development, Inc.Jonathan Kingsley – Colliers International South Florida, LLC
Southwest BrowardBoulevard Square10810-11150 Pines BlvdShoe Carnival        12,233The Cornfeld GroupJenny Schuemann
Southwest BrowardCountryside Shops5524-5986 Flamingo RdAT&T Wireless           1,335Regency CentersTrinity Commercial Group – Michael Mogerman & Laura Briggle
Southwest BrowardCooper Plaza9410-9980 Griffin RdTwo Rivers Church           5,500Linet RealtyCooper Plaza Management – Yolanda Perez
Southwest BrowardPembroke Crossings11810-11970 Pines BlvdBurlington        42,230Prudential Insurance Co.Paco Diaz, CBRE
Southwest BrowardPembroke Crossings11810-11970 Pines BlvdGolf Galaxy        31,743Prudential Insurance Co.Paco Diaz- CBRE
Southwest BrowardMonarch Town CenterNWC Flamingo Rd And Miramar PkyFive Below           8,470Stiles RealtyDan Coyle & Mike Carpenter
West MiamiUniversity Shoppes1601-1695 SW 107thDavita Dialysis           6,480Gabriel HarkhamKaren Maerovitz
West Palm BeachParadise Place4065-4085 N Haverhill Rd NPublix        52,995Phillips Edison & CompanyGil Consuegra – Phillips Edison & CompanyBob S. Balcerak
West Palm Beach4201 Okeechobee BlvdThe Juicy Crab           6,615Grace Development, Inc.Grace Development, Inc. – Frederick Grace
West Palm BeachCross Country Plaza4346-4370 Okeechobee BlvdPresidente Supermarket        53,291Alliance Private Capital Group LLCDaniel Solomon- Katz & Associates
Wynwood-Design District80 NE 40th StBoffi Furniture           5,591Century 21 Department StoreNewmark 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)

SubmarketProperty NameProperty AddressTenantSFLandlordLandlord RepTenant Rep
AventuraAventura Mall19505 Biscayne BlvdPinstripes30,000Seritage Growth Properties
AventuraRK Town Center – 170th17000-17098 Collins AveUplyft Capital11,000RK CentersLouie Rousso
Boynton/LantanaShoppes at Woolbright10891 S Jog RdFifth Third Bank3,979Woolbright Development
Boynton/LantanaFountains Of Boynton Beach6645-6699 Boynton Beach BlvdAllura Salon Suites4,844DRA AdvisorsJo-Anne Roggin & Sandi Rogacki
Coral Way2460 SW 27th AveMiami Day Care7,400Alberto J CabreraAlbert J Cabrera
Delray BeachDelray Square4771 W Atlantic AveHumana7,000The Keith CorporationDavid Emihovich
Fort LauderdaleBeach Place17 S Fort Lauderdale Beach BlvdTaco Bell Cantina5,638Thor Equities
Fort LauderdaleThe Main Las Olas201 E Las Olas BlvdPublix28,000Shorenstein PropertiesStiles RealtyStiles Realty
Fort Lauderdale300 SW 1st AveMatchbox4,500Property Markets Group
Fort Lauderdale3831 N Federal HwyDollar Tree10,400N.E.G. Property ServicesCasey J. McConnellSteve M. Miller
Fort LauderdaleSanta Magdalena5425-5443 N Federal HwyDogtopia10,200Kabat, Schertzer, De La Torre, Taraboulos & CoAlexandra Escudero
Fort Lauderdale6 S Federal HwyVape Shop3,816Kodner GalleriesPatricia Hart
Fort LauderdaleFt. Lauderdale Plaza7562 West Commercial BoulevardHook & Reel Restaurant6,125Kimco Realty Corp.Susie HazziGreg Feroli
Hollywood1903 Hollywood Blvd.Twin Peaks14,475YS Investments & Taillard CapitalKaren Maerovitz & Daniel Solomon
Hollywood2730-2736 Hollywood BlvdAchieve Therapy Center4,868Judith S SayfieCarole Ann Hausman
JupiterBluffs Square Shoppes4050 S US Highway 1Seaside Adult Daycare5,641Equity OneLliliam Delgado-Marquez
KendallMiller Square Shopping Center13790-13876 SW 56th StHumana6,100Principal Financial GroupRuben Suarez
KendallMiller Crossing15718 SW 56 StAutoZone10,000SunTrust BankAna Vega-GarciaJeremy Larkin & Joseph Gallaher
KendallT.J. Maxx Plaza7390 SW 117th AveLa Giraldilla Restaurant5,156Weingarten Realty Investors
KendallThe Palms at Town & Country8202-8746 Mills DrLegacy Fitness4,600Weingarten Realty InvestorsNicole TownsendAna G. Barcelo
Miami Beach1698 Alton RdSunTrust3,696Elion PartnersGeorge Radu
Miami2205 NW 20th StMarina Supply8,475Aminov PropertyIsis Pellegrino
North Palm BeachDowntown at the Gardens11702 Lake Victoria Gardens AveLife Time Fitness116,862Keith & Beverly Monroe
North Palm BeachOcean Walk2401 N Ocean AveRock Elite Fitness11,928Duncan Hillsley CapitalShary Thur
PlantationShoppes At Sawgrass3415-3495 N Hiatus RdFun, Play and Party13,500Janoura Realty & ManagementAlex Karas
PlantationTown and Country Shopping Center1801-1875 S University DrSephora5,530Ireland CompaniesScott Ireland
Plantation2050 N University DrPelican Reef8,000Egyes LeslieJason ChamelyRaydel Enriquez
PlantationPine Island Shoppes3511-3543 N Pine Island RdThe Sportz House4,800Genet Property GroupAllana Rodriguez
PlantationUniversity Shoppes4938-4998 N University DrLauderhill Botanicals3,933Susi EnterprisesTimothy P. Neal
Pompano BeachPalm Aire Marketplace13-279 S Pompano PkyPresidente Supermarket30,760Guzman & Guzman PAAriel Bernstein & Ruben Suarez
Pompano BeachTown Shoppes of Margate2402-2534 N State Road 7OTT Margate6,000Southern Management and DevelopmentNick Brown
Pompano BeachThe Promenade at Coconut Creek4443 Lyons RdNaked Taco5,796AEW Capital ManagementWilliam A. Rooney
Pompano BeachShoppes at Deerfield3660-4060 W Hillsboro BlvdCano Health11,088Weingarten Realty InvestorsNicole Townsend
Sawgrass ParkSawgrass Commons13001-13191 W Sunrise BlvdCanes Wear4,920Florida Value PartnersMichael Mogerman & Laura Briggle
Southwest BrowardCobblestone Plaza14802-14804 Pines BlvdPlanet Fitness20,219Kite Realty GroupBrian Hector
Southwest BrowardMiramar Parkway Plaza3320-3372 S University DrBlink Fitness10,666FIP Realty ServicesJulian HuzenmanDaniel A. Cardenas
SunriseSpring Tree Center8053 W Oakland Park BlvdWild Fork Foods4,000Waterstone CapitalRichard WasserstainPatxi Diaz
Wynwood-Design District3300-3326 N Miami AveCalligaris5,050Martin MiculitzkiGaston 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)

SubmarketProperty NameProperty AddressTenantSFLandlordLandlord RepTenant Rep
Coconut GroveCocowalk3015 Grand AveLos Generales Restaurant7,554Federal Realty Investment TrustIrma Figueroa
Coconut GroveCocowalk3015 Grand AveBotanico Restaurant4,000Federal Realty Investment TrustIrma Figueroa
DoralLandmark at DoralNW 58 St & NW 107 AveOrange Theory Fitness3,000The Congress GroupDaniel PouBrandon Weiss, NAI Miami
Fort LauderdaleBal Harbor Square1744-1762 N Federal HwyPublix35,000Retail Property GroupJoe Carosella
Fort Lauderdale239 Almond AveBen & Jerry’s6,642Tshuva Group of CompaniesWhitney Carr
Fort LauderdaleRiverbend Marketplace2660 W Broward BlvdFive Below10,723Gatlin Development CompanyBobby Albino
HialeahWestland Promenade3895 W 20 aveBurlington40,040SterlingAdrian Jimenez, Eddy Solera
HollywoodMonterra Town Center3350 N University DrLucky’s Market30,000Diversified CompaniesCary Goldberg
HomesteadHomestead Town Square831 S Dixie HwyOrange Theory Fitness4,380KimcoSusana Hernandez-HazziBrandon Weiss, NAI Miami
HomesteadHomestead Town Square831 S Dixie HwyPacific Dental4,105KimcoSusana Hernandez-HazziMichael Weiss, SRS Real Estate Partners
JupiterAdmiral’s Crossing3757 Military TrlPlanet Fitness17,800Konover South Development CorpZach Feldman
LauderhillFt. Lauderdale Plaza7342-7362 W Commercial BlvdBurlington44,450KimcoSusana Hernandez-HazziRoss Waters, Atlantic Retail
Miami BeachLincoln Road Mall351 Lincoln RoadGymage9,707Manhattan House IncJay R Levy
Miami DadeSunset Strip Plaza10855 SW 72 StCraft Crab7,274CF Properties CorpRuben Suarez, Sabrina Stimming
Miami DadeTown & Country Plaza13712 SW 152 StSherwin Williams4,780MMG Equity PartnersDaniel Pou
Miami Dade15235 SW 137 AveDenny’s4,654GREC LLCJorge Alvarino, Ivo Tsinev
Miami DadeThree Miami Central161 NW 6 stLa Estacion American Brasserie10,000All Aboard Florida
Miami Dade2063 BiscayneVissionaire7,000Infinity Real EstateIrma Figueroa
Miami Dade2800-2808 N Miami AveSpanglish Craft Cocktail Bar & Kitchen7,300Atlas Capital GroupTony Arellano, Devlin Marinoff
Miami DadeMidpoint555-591 NE 79 StClothing and More7,211Global Fund Investments & MMG Equity PartnersRandy Tulepan, Douglas Wolfe
Miami DadeMiami Central600 NW 1st StChic-fil-A2,948All Aboard FloridaGrace Chance, Andres Nava
Miami DadeMall of the Americas7795 W Flagler StBurlington55,000SterlingAdrian Jimenez, Eddy Solera
Miami Dade8303 SW 40 StSurterra Wellness3,200MV Real Estate HoldingsDaniel PouEvan Mouhalis
Miami DadeKendall Village Center8695 SW 124 AveLatin House Grill4,500Berkowitz DevelopmentMichael Berkowtiz
Miami DadeShoppes at Beacon LakesNW 117th Pl & 14 stCity Furniture53,044Stiles
Miami Shores8907-8909 Biscayne BlvdCao Bakery and Café3,200German ParadeloFabio FaermanDaniel Pou
MidtownThe Shops at Midtown Miami3401 N Miami AveNegroni Bistro & Sushi Bar4,000SITE CentersAlyona Tsutskova, Saglo
MidtownThe Shops at Midtown Miami3401 N Miami AveLounge 553,412SITE CentersAlyona Tsutskova, Saglo
MiramarMonarch Town CenterNWC Flamingo Rd and Miramar PkyPublix48,387StilesMike Carpenter, Dan Coyle
North LauderdalePromenade Shoppes7900 W McNab RdMr. & Mrs. Crab Seafood5,000Arena Capital HoldingsJonathan Cashion, Daniel Solomon
Palm Beach GardensLegacy Place11375-11385 Legacy AveBassett Furniture15,000GLL Real Estate PartnersMike Carpenter
Pembroke PinesPines City Center10200 Pines BlvdUFC Fitness40,000TA RealtyRod CastanJeff Evans, Comras
Pembroke PinesPines City Center10200 Pines BlvdMcAlister’s Deli3,427TA RealtyJim Zaydon, CourtelisBruce Pasternack, Courtelis
Pembroke PinesBoulevard Square10810-11150 Pines BlvdMichaels24,494The Cornfield GroupJenny Schuemann
Pembroke Pines16000 Pines Market16000 Pines BlvdCheddar’s Restaurant8,015Terra GroupJim Zaydon, CourtelisNate Werner, RSI
PinecrestPinecrest Plaza11701 S Dixie HwyRestore Wellness2,874Laurie RichterAlyona Tsutskova, Saglo Gloria Anselmo, Atlantic Retail Properties
Pompano Beach1540 S Federal HwyCenterState Bank6,607Bark ManagementLouis Giorgi
Sunrise14301 W Sunrise BlvdFlanigan’s Seafood Bar6,891Gary ThibodoNicole Messer
TamaracThe Fountaines7041-7111 W Commercial BlvdJ & F Elegant Creations11,372Genet Property GroupAllana Rodriguez
West Palm BeachSummit Commons1225 S Military TrlOut of The Park20,000Gerry Trader IncRomina Traficante
West Palm BeachShoppes At Cresthaven2601-2675 S Military TrlPresidente Supermarket55,025Jimmy S. & Nancy HuangJohn Fitzgerald, Kim Fitzgerald
West Palm BeachShoppes At Cresthaven2601-2675 S Military TrlYoufit Health Clubs11,450Jimmy S. & Nancy HuangJohn Fitzgerald, Kim Fitzgerald
WestonWaterways Shoppes I2210-2282 Weston RdHooters5,000Fondo Atlas

Review Top South Florida Retail Leases 2018


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