MIAMI—Downtown Dadeland's retail component is getting fresh leasing traction with its new ownership group. The joint venture between Duncan Hillsley Capital and Pebb Capital in partnership with Canyon Capital Realty Advisors that acquired the lifestyle retail center in August has inked 33,293 square feet on five new leases at the 127,000-square-foot dining and shopping complex located across Kendall Drive from Dadeland Mall.
GlobeSt.com caught up with Shane Hillsley, managing director of Duncan, to find out more about why his firm bought Downtown Dadeland, what types of capital improvements are in the works, and how the Dadeland Mall factors into the equation in part one of this exclusive interview. Be sure to come back to this afternoon's Miami edition for part two.
GlobeSt.com: How did you identify Downtown Dadeland as an acquisition target and why did you move forward with the purchase?
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