Notable Retail Leases Signed in South Florida Q2 2018

Commercial real estate in South Florida continues to be a healthy market as exhibited by metrics in the Q2 2018 report. While there are a number of construction projects as well as acquisitions, retail leasing is also striving with several major retail leases closed in the past 3 months.

We’ve compiled a comprehensive list of the top retail leases signed by square footage in South Florida during Q2 2018.

While the headlines continue to focus on retail store closures, the retail leasing market in South Florida remains strong. Rent growth remains strong in Miami-Dade, Broward, and Palm Beach county with overall vacancy rates stable. Both Miami-Dade and Broward saw positive absorption, as both tenants and landlords compete vigorously for some of the prime boxes being vacated by the Toys R Us’s of the world.”

– Gabriel Navarro, Principal

Top Retail Leases in South Florida (Alphabetically by Submarket)

Submarket	Property Address	Tenant	SF	Landlord	Landlord Agent
Delray Beach	3001 S Federdal Highway	Lifetime Kickboxing	10,656	Gator Investments	N/A
Doral	58th Ave & 107th Avenue	Aldi’s	20,000	EHOF Congress Doral Retail	Danny Pou
Fort Lauderdale	17 S Fort Lauderdale Beach Blvd	Crystal Ballroom	12,634	Thor Equities	Ariel Bernstein/ Rafael Romero
Hialeah	3505 NW 20 Ave	DD’s Discount	23,423	Sterling	Robert Vreeland
Kendall	12755 SW 88 ST	Aldi’s	21,850	MMG	Daniel Pou
Kendall	10868 SW 104th St	Planet Fitness	10,166	Bindor Killian LLC	Joel Benes
Kendall	16205 N Kendall Drive	La Colonia	7,839	Century	Daniel Pou
Kendall	14083 N Kendall Drive	America’s Best	4,500	Kimco	Doug Wolfe
Kendall	14651 SW 56 St	Ocean Bank	3,744	Grec Properties LLC	Danny Pou
Kendall	7250 N Kendall Drive	Erba	2,900	Duncan Hillsley	Rafael Romero/ Steven Henenfeld
Kendall	7251 N Kendall Drive	Empire Social	2,825	Duncan Hillsley	Rafael Romero/ Steven Henenfeld
Miami Beach	1045 5th Street	Target	33,503	Comras	Michael Comras
Midtown	3635 NE 1st Ave	Fitness User (withheld)	25,000	Mack Real Estate	Irma Figueroa
Midtown	3401 N Miami Ave	F45 Fitness	5,258	DDR	Alyona Tsutskova
Midtown	3401 N Miami Ave	Ideal Image	3,500	DDR	Alyona Tsutskova
Pembroke Pines	Pines City Center	Walk Ons Bistreaux	8,283	Courtelis Company	Jim Zaydon
Pembroke Pines	Pines City Center	Chuy’s Tex Mex	7,505	Courtelis Company	Jim Zaydon
Pinecrest	9171 S Dixie Highway	Citibank	4,085	MMG	Daniel Pou
Pinecrest	7800 SW 104 ST	Burger-Fi	2,400	Regency	Marielle De La Hoz
South Dade	12500 SW 152 ST	LA Fitness	40,000	RAM	Brian Richardson
South Dade	18403 S Dixie Highway	Ross	26,100	Woolbright	Jeff Kalil
South Dade	19101 S Dixie Highway	Planet Fitness	19,700	Regency	Marielle De La Hoz
South Dade	18403 S Dixie Highway	Five Below	8,204	Woolbright	Jeff Kalil
Westchester	8760 Bird Rd	DD’s Discount	19,817	The Shops of Bird Rd	Allan Benes
Westchester	8665 Bird Rd	Coral Gables Hospital	16,685	Bird 87th Ave Village	Allan Benes

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