MIAMI-Continental Real Estate Companies just inked exclusive leasing and managing deals for two South Florida shopping centers: Kendall Mall in Miami and Weston Lakes Plaza in Weston. Together, the properties span 385,000 square feet of class A retail space.
“We are coming out of the recession and we think these properties are both extremely well positioned,” Sabrina Meerbott, senior vice president at CREC, tells GlobeSt.com. “Kendall Mall and Weston Lake Plaza shopping centers are very stable.” Both properties are owned American Realty Advisors-managed funds.
Kendall Mall is a 289,000-square foot center at the intersection of Kendall Drive and southwest 107 Avenue in Miami’s Kendall submarket. The property is 87% leased. The tenant roster includes Publix, CVS, Bally’s Fitness, Staples, and JC Penney Home.
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