FORT LAUDERDALE, FL-In a positive sign for the construction and retail markets, Stiles is developing a 50,000-square-foot build-to-suit flagship store for West Marine, the biggest specialty retailer of boating supplies and accessories.

West Marine signed a long-term lease with Stiles for the space, which will be the company’s largest boating store to date. Wells Fargo provided construction financing for the project on land Stiles acquired in January.

“This project is an example of successful retailers wanting to expand their businesses in well-located urban infill locations,” Doug Eagon, president of Stiles, tells GlobeSt.com. “We currently have two other retail development projects under construction. We are also working with several national retailers for free standing sites or co-tenants in centers with anticipated late 2012 and 2013 store openings.”

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.