CREC Named To Exclusively Lease Neighborhood Center Kendall Market Place
Florida’s leading commercial real estate firm engaged based on extensive expertise in Kendall retail sub-market
CREC – Florida’s leading, independent, full-service commercial real estate firm – announced today that it has been appointed the exclusive leasing agent for Kendall Market Place, a leading neighborhood retail property prominently situated at the intersection of Kendall Drive and 117th Avenue.
Kendall Market Place, at 11561 North Kendall Drive, is owned by El Tablon Investments, which tapped CREC to reposition the center utilizing its deep-rooted expertise in the retail sector and Kendall submarket. This includes engaging in a strategy to diversify the tenant mix and secure a targeted brand for the available anchor space.
“The CREC brand continues to flourish in Kendall’s retail sector due to our diverse real estate experience and deep understanding of how to curate a strong tenant base,” said CREC President and Co-Founder Carol Greenberg Brooks. “Kendall Market Place is a great addition to our robust portfolio, and we look forward to achieving our defined goals.”
The property, which encompasses 53,472-square-feet, offers 11,000-square-feet of prime anchor space directly on Kendall Drive, providing exceptional street exposure and signage opportunities. Ownership is undertaking renovation plans, including substantial investment in the façade to elevate the shopping center’s aesthetics.
“We engaged CREC to lead the leasing efforts for this property based on its thorough expertise with a wide range of retail assets located on Kendall Drive; their extensive knowledge will allow Kendall Market Place’s vision to become a reality,” added Francisco Javier Tagle Cox, Partner and CEO with Vista Capital Group, the asset manager.
Current tenants include Miller Ale House, Baptist Health, Sprint, Sushi Maki and Mercantil Bank. CREC Vice President of Retail Rafael Romero and Senior Leasing Association Katie Fernandez Espinosa will oversee leasing.
CREC is the leading, independent, full-service commercial real estate company in Florida with offices in Miami, Orlando and Jacksonville. Since its founding in 1989, CREC has provided fully-integrated real estate services, including brokerage, leasing, management, tenant representation, receiverships, workouts, as well as debt and equity financing. The company continues to uphold its mission of being “Your Florida Partner” through its commitment to providing clients with unrivaled service and a streamlined approach. Through the years, CREC has built a portfolio of more than 13 million square feet across 100-plus properties throughout Florida. For more information, visit www.crec.com.