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Wesley Chapel Station
DevelopmentFloridaGrocery-anchoredNews

SJC Ventures Breaks Ground on Whole Foods-Anchored Shopping Center in Metro Tampa

by Abby Cox

Wesley Chapel, Fla. — SJC Ventures has broken ground on Wesley Chapel Station, a 75,968-square-foot shopping center in Wesley Chapel, roughly 24 miles north of Tampa. A 35,518-square-foot Whole Foods Market will anchor the center, which will be located at the corner of Bruce B Downs and Aronwood boulevards. Other committed tenants include PopUp Bagels, CAVA, Naked Farmer, Petfolk, The Tox and a nail salon. The center has approximately 15,000 square feet of available vacancy, according to SJC Ventures. Adjacent to the shopping center, the Atlanta-based firm is underway on …

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Grove Park
FloridaGrocery-anchoredInvestment salesNews

Cushman & Wakefield Brokers Sale of 120,150-Square-Foot Grove Park Shopping Center in Lakeland, Florida

by Abby Cox

Lakeland, Fla. — Cushman & Wakefield has brokered the sale of Grove Park Shopping Center, a 120,150-square-foot, grocery-anchored shopping center located in Lakeland. Previously known as Southgate Shopping Center, the property was originally developed in 1960 by George Jenkins, the founder of Publix. Tenants at the center, which was 100 percent occupied at the time of sale, include CVS Pharmacy, Dollar Tree, Humanitary Medical Center and a Publix, which was fully rebuilt in 2019. Mark Gilbert, Adam Feinstein and Mitchell Halpern of Cushman & Wakefield represented the seller, Longpoint Partners, in …

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Sarasota-Square
DevelopmentFloridaGrocery-anchoredLeasingMixed-useNews

Torburn Signs Anchor Leases for Mixed-Use Redevelopment of Sarasota Square Mall

by Abby Cox

Sarasota, Fla. — Torburn Partners has signed two new anchor leases to kick off plans for its Sarasota Square project, a redevelopment of the former Sarasota Square Mall. The Chicago-based developer signed leases with Whole Foods Market and Homesense to anchor the first phase of the 96-acre mixed-use project. The retail portion is under construction, and the multifamily component will break ground in first-quarter 2026. Full plans for Sarasota Square include 1,200 luxury residential units; 530,000 square feet of retail, restaurant, and commercial space; and open-air gathering space for social …

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The Learning Experience
FloridaInvestment salesNews

SRS Real Estate Brokers $5.4 Million Sale of Single-Tenant Retail Property in Suburban Orlando

by Abby Cox

Davenport, Fla. — SRS Real Estate Partners has brokered the $5.4 million sale of a single-tenant retail property located in Davenport, roughly 25 miles southwest of Orlando. The Learning Experience, an early childhood education and childcare center, occupies the 10,000-square-foot building on a 20-year lease with 19 years remaining. The building also features a 5,000-square-foot outdoor play area. Built in 2024, the single-tenant property is situated within a larger retail development along U.S. Highway 27. William Wamble and Patrick Nutt of SRS Capital Markets represented the seller, a national commercial real estate …

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FloridaLeasingNews

Eight New Tenants Join Clay Town Center Near Jacksonville, Florida, as Center Continues Development

by Abby Cox

Middleburg, Fla. — Paradigm Partners has signed or opened eight new tenants to Clay Town Center, a newly constructed, 18,500-square-foot mixed-use retail and restaurant development in Middleburg, roughly 30 miles southwest of Jacksonville. Mattress Warehouse, MedPlus Pharmacy, Domino’s Pizza and Wingstop opened earlier this year, while Anejo Cocina Mexicana and Verde Vida Healthy Kitchen debuted at the center this month. Additionally, Sizzling Nails is expected to open in January and Firehouse Subs is anticipated to launch in April. Clay Town Center is expected to create more than 100 local jobs …

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Lincoln Road
DevelopmentFloridaNews

Comras Co. Unveils Plans for 150,000-Square-Foot Retail Destination in Miami Beach

by Abby Cox

Miami Beach, Fla. — Comras Co. has unveiled plans to develop a new micro-district to complement the north end of Lincoln Road, the retail high street of Miami Beach. Dubbed NoLi, the project will include 150,000 square feet of boutique retail, dining, wellness and lifestyle concepts, as well as 1,700 square feet of street frontage. Comras Co. recently purchased five properties along Lincoln Road and North Lincoln Lane for the development of NoLi, in which Acore Capital provided a $117 million loan for the acquisition. NoLi will reuse the existing buildings …

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DevelopmentFloridaGrocery-anchoredNews

GBT Realty to Develop Sprouts Farmers Market-Anchored Center in New Smyrna Beach, Florida

by Abby Cox

New Smyrna Beach, Fla. — GBT Realty Corp. has unveiled plans to develop Shops at New Smyrna, a 55,273-square-foot, grocery-anchored neighborhood shopping center located in New Smyrna Beach. Construction of the project is scheduled to begin in summer 2026, with completion set for summer 2027. A 23,273-square-foot Sprouts will anchor the development, which will also feature an additional 35,000 square feet of junior anchor and inline retail space across two buildings, as well as two one-acre outparcels. The tenant roster is expected to include fitness, restaurant and soft goods services, among …

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FloridaIllinoisInvestment salesNewsNorth Carolina

CenterSquare Acquires 45,996-Square-Foot Retail Portfolio Across Three States

by Abby Cox

Conshohocken, Pa. — Conshohocken, Pennsylvania-based CenterSquare has acquired six retail properties totaling 45,996 square feet across three states. The properties are located in Fayetteville and Salisbury in North Carolina; Vero Beach, Fort Myers and Fort Lauderdale in Florida; and Noblesville, Illinois. All but one of the properties are anchored by a Starbucks Coffee drive-thru location. The portfolio is currently 84 percent occupied.

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Food Fair Shopping Center
FloridaInvestment salesNews

Ocean Bank Provides $16 Million in Refinancing for Food Fair Shopping Center in Metro Miami

by Abby Cox

Key Biscayne, Fla. — Ocean Bank has provided $16 million for the refinancing of Food Fair Shopping Center, a 23,793-square-foot retail center located off the coast of Miami on Key Biscayne Island. Originally built in 1965 on 1.7 acres, the property is anchored by CVS Pharmacy. Other tenants include Sir Pizza and a dry cleaner. T. George Harduvel of Ocean Bank arranged the loan.

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DevelopmentFloridaNews

EDENS Breaks Ground on Redevelopment of Shadowood Square Shopping Center in Boca Raton, Florida

by Abby Cox

Boca Raton, Fla. — EDENS has begun the overhaul of Shadowood Square, a shopping center located in Boca Raton. The development firm is demolishing a portion of the center, now rebranded as Shadowood, that once housed a movie theater to make way for five new retail buildings totaling 49,330 square feet. The new buildings will be connected by a 25-foot-wide promenade and public green space. Additionally, three existing retail buildings totaling 60,557 square feet will be fully renovated and placemaking elements including brightened facades, signage and wayfinding, paseos, public art and …

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