CREC Selected to Lease Eight Florida Centers

by Nate Hunter

Miami — The eight properties total 629,060 square feet.

Red Road CommonsMiami  —  Continental Real Estate Cos. (CREC) has been selected as the leasing agent for eight shopping centers in South Florida totaling 629,060 square feet. The retail properties include El Mercado, Clewiston Town Center, Polo Grounds Mall, #1 Marketplace, The Shops of Bird Road, Tropical Plaza, Gables Grand Plaza and Red Road Commons. The firm will also manage El Mercado and Clewiston Town Center. Carlos Guzman, Steven Henenfeld, Mitchell Boxer and Ruben Suarez of CREC will lead the retail leasing team.

“These properties all benefit from strong ownership teams and high visibility locations,” says Guzman, vice president at CREC. “Our team will focus on enhancing each asset’s tenant mix with local and national retailers. CREC’s retail leasing portfolio offers ample opportunities for retailers across the U.S. looking to Florida as a viable market to enter and expand within.”

Publix anchors the 96,036-square-foot El Mercado in Hialeah Gardens, as well as the 130,015-square-foot Polo Grounds Mall in West Palm Beach. Tropical Plaza and #1 Marketplace are also grocery-anchored centers. Clewistown Town Center in Clewistown, which includes 119,688 square feet of retail, features tenants Dollar General, Tractor Supply and Goodwill. Gables Grand Plaza and Red Road Commons, both of which are located in Coral Gables, are mixed-use properties that include 195 and 400 apartment units, respectively, above ground-level retail space. The company also added The Shops of Bird Road, located in Miami’s Westchester community, to its leasing portfolio.

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