The 57,200 square foot , 2 story plaza was 98% leased within 6 months of announcing the project, sparking interest in retail space within a 5 block radius of the shopping center.
In a statement from Stiles Realty: ‘”The Biscayne Corridor in downtown Miami is truly defying market trends as evidenced by the tremendous demand we are seeing from national and local retailers at this project as well as throughout that area,” said Ryan Karlin, Stiles Realty Vice President of Retail Sales. “Not only did this project generate immediate interest and lease-up extremely fast, but there are several other national tenants that are targeting space within only a five block radius of the project.”’
This Publix truly defines the neighborhood with it’s eclectic variety of offerings and selection. Escalators that move people and carts, a very diverse cheese station, large aisles, convenient parking, an onsite liquor store and a larger than life bakery are some aspects of the store that are really bringing customers back on a regular basis.
“The residents of Quantum on the Bay, Cite condo, 1800 Biscayne Plaza, 1800 Club and Opera Tower would seem to benefit the most from these 80000 square feet of retail therapy, as all conveniences would now be accessible within a block or two. Besides the upgrade in shopping and lifestyle experiences in the area, downtown Miami condo owners can also look forward to a rise in property values, which is definitely an added bonus.”
Photo Source: Art Place America
Alexandra Horblitt for SydneyServerRealEstate.com