Doral, Fla. — Three new tenants have signed leases at Century Town Center, a mixed-use property in Doral. My Salon Suites, Rumble Boxing and Kidstrong will occupy 5,910; 2,541; and 2,734 square feet of ground-floor retail space, respectively. Phase I of Century Town Center features 326 residential units and 31,000 square feet of retail space. A planned second phase of the project will comprise an additional 408 residential units and 27,000 square feet of retail space. Rafael Romero and Malina Huynh of JLL represented the landlord — a partnership between Mattoni …
Florida
Miami — CBRE has brokered the $49.3 million sale of Trail Plaza, a 181,558-square-foot shopping center located in Miami. Built in 1987, the property was 99 percent leased at the time of sale. Tenants at the center include Fresco y Más, Walgreens, Harbor Freight Tools and Party Depot. Casey Rosen and Dennis Carson of CBRE represented the undisclosed seller in the transaction. An entity controlled by Longpoint Realty Partners acquired the property.
Indian Harbour Beach, Fla. — Michaels will open a 21,000-square-foot store at Causeway Shopping Center in Indian Harbour Beach this year. Construction is currently underway on the store, which will be located in the space formerly occupied by Office Depot, adjacent to Ross Dress for Less. Forge Real Estate Partners III, a joint venture between The Sembler Co. and Forge Capital Partners, is the landlord. Other tenants at the 112,000-square-foot property include Panera Bread, GNC and Bealls Outlet. The center is now 85 percent occupied.
Leesburg, Fla. — Island Associates Real Estate has brokered the $6.3 million sale of Lake Harris Square Plaza, a retail center located in Leesburg, roughly 45 miles outside Orlando. Winn-Dixie anchors the 9.8-acre property, which recently saw the addition of a 61,220-square-foot building. Other tenants at the center include Beef O’Brady, Brooklyn’s Pizzeria & Italian Restaurant, Subway and Seafood Shack. Roger Delisle of Island Associates represented the buyer, and Daniel Baruch of Legacy Realty Group represented the seller.
Philadelphia — Philadelphia-based brand Bagels & Co. has announced plans to open 20 new stores throughout Florida and Pennsylvania. Scheduled to open by 2024, the shops will offer bagel and cream cheese varieties, as well as other deli fare. Restaurant group Glu Hospitality owns the brand, which currently operates four outposts in Philadelphia, with three new stores scheduled to open in the city this year. New locations will also include Fort Lauderdale and Wilton Manors in South Florida.
Lecanto, Fla. — The Ferber Co. is underway on the development of a 29-acre retail center in Lecanto. Site work for the property, dubbed The Shoppes at Black Diamond, began in October 2022. Building construction is scheduled to commence over the coming weeks, with openings expected to begin in early 2024. Tenants at the center will include Target Supercenter, Aldi, Starbucks Coffee, 7-Eleven, Panera Bread and Texas Roadhouse.
Viera, Fla. — Eyewear brand Warby Paker has signed a 2,200-square-foot lease at The Avenue Viera, a retail center in Viera. Scheduled to open Oct. 14, this will mark the 16th store in the state for the brand. Other tenants at the property include World Market, European Wax Center and lululemon, among others.
Doral, Fla. — Terra has completed the construction of Doral Atrium, a 78,000-square-foot retail center located in Doral, roughly 16 miles outside Miami. Tenants at the property, which is currently 65 percent leased, include TREMBLE Pilates Studio, PNC Bank, Bonchon Chicken, UMARA, Sushi Mas and The Good Feet Store. RSP Architects designed the development.
Miami Beach, Fla. — Five new tenants have signed leases at Lincoln Road, a retail center located in Miami Beach. Scheduled to open late October, Hoka, Luli Fama and IT’SUGAR will occupy 3,128; 1,440; and 2,751 square feet, respectively. IT Italian Trattoria will also open a 3,300-square-foot restaurant in October, and Turkish dessert concept Turkish Delight has signed a 1,000-square-foot lease at the property.
Cape Coral, Fla. —Thompson Thrift has sold two retail buildings totaling 24,000 square feet in Cape Coral. Situated within Cape Coral Commons, the multi-tenant buildings each comprise 12,000 square feet. Tenants scheduled to open at the properties include First Watch, Mission BBQ, Firehouse Subs, Tire Kingdom, Paragon Healthcare, Crumbl Cookies, PJ’s Coffee and Visionworks. David Hoppe of Atlantic Retail arranged the sale on behalf of Thompson Thrift. A California-based buyer acquired the buildings for an undisclosed price. Cape Coral Commons also features a third multi-tenant building currently under construction, as well …