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Haircolorxpress Signs $2.38 Mil Worth of Leases

FORT LAUDERDALE, FL-The locally based firm has signed multi-year leases to open Florida salons in Wellington, Lauderhill, Boca Raton, Fort Myers and Orlando. In Wellington, a West Palm Beach suburb, Haircolorxpress is paying $52.76 per sf, one of the highest retail rents in the state.

By Pat Taylor | Updated on December 26, 2001

FORT LAUDERDALE, FL-Locally based Haircolorxpress International LLC has signed $2.38 million worth of multi-year leases to open five salons totaling 8,772 sf in Florida.

In Wellington, a West Palm Beach suburb, the firm signed a 10-year lease with TJ Palm Beach Associates Ltd. for 1,303 sf at the Mall at Wellington Green on State Road 441 and Forest Hill Boulevard for $68,746 per year or $52.76 per sf, one of the highest retail rents in Florida.

In Lauderhill, Haircolorxpress signed a five-year lease with Woolbright Universal Plaza Ltd. for 1,600 sf at Universal Plaza at University Drive and Commercial Boulevard for $40,768 per year or $25.48 per sf.

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