"While the local landscape is dominated by regional malls and neighborhood centers, the STNL sector has gradually begun to garner attention" in Tampa, FL, Steven M. Ekovich, vice president/regional manager, Marcus & Millichap, tells GlobeSt.com.
Orlando, like Tampa, has "historically preferred multi-tenant development to STNL product," Ekovich says. "As a result, few properties in the STNL sector are currently under construction."
Among the newest players locally are BJ's Wholesale Club Inc. of Natick, MA. The Massachusetts-based membership-by-annual fee retailer plans to open three outlets by the first quarter in south Orlando, east Orange County and Sanford, FL.
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