Yearly Archives : 2018

CREC to Lease Nearly 500,000 SF In Prominent South Florida Retail Centers



CRE-Sources | South Florida Commercial Real Estate News

CREC has been appointed the exclusive leasing agent for four prominent retail centers in thriving South Florida submarkets, totaling nearly 500,000 million square feet. The shopping centers are Greenery Mall in Kendall Drive; Pinecrest Town Center in the Village of Pinecrest; Palm Aire Marketplace in Pompano Beach; and Ridge Plaza in Davie.

“The addition of these retail centers to our portfolio is a direct result of landlords looking at our proven track record, the depth of our bench, and the dynamic approach we execute to lease centers throughout South Florida,” said CREC President and Co-Founder Carol Greenberg Brooks. “The power of our brand, inclusive of our high-level strategies and strong relationships, is what distinguishes us in the market.”

Greenery Mall is located at 7700 North Kendall Drive, one of Miami-Dade County’s primary retail corridors that is one block from Dadeland Mall, one of the nation’s top-grossing malls. The 129,514-square-foot retail center enjoys access to the Palmetto Expressway and other major thoroughfares, and is home to notable anchor tenants such as T.J.Maxx/HomeGoods, Starbucks, and Jo-Ann Fabrics, within a high-traffic area.

Pinecrest Town Center, at 12651 South Dixie Highway, is a 60,484 square-foot center located in one of South Florida’s highest-income neighborhoods of Pinecrest. It enjoys 305 feet of frontage along South Dixie Highway with substantial surface and rooftop parking. The tenant mix includes Chase Bank, Roasters ‘N Toasters, Edible Arrangements, and EWM Realtors International.

Palm Aire Marketplace, at 299 South Powerline Road, is an 140,312-square-foot retail center. It is located on the southwest corner of North Powerline Road and West Atlantic Blvd in a high-traffic intersection with easy access and visibility. The property is populated by a mix of national, regional and local tenants, and is anchored by Winn-Dixie.
Located at 8800 State Road 84, Ridge Plaza is an 155,204-square-foot retail center situated with excellent exposure to I-595/State Road 84. The center consists of a diverse group of retail, restaurant and entertainment and service tenants, including an 8-screen Paragon Theater.

“We successfully penetrate submarkets by collaborating with our extensive team to define opportunities and deliver tangible results, marketing each asset to satisfy the goals of our landlord clients throughout South Florida,” added Sabrina Stimming, senior vice president and director of leasing.