ZARA TO OPEN FLAGSHIP STORE AT HISTORIC 420 LINCOLN ROAD
Miami Beach, FL – July 25, 2013 –Spanish clothing retailer ZARA will open a 26,000 square foot flagship store at 420 Lincoln Road this winter. 420 Lincoln is located on the corner of Lincoln Road and Washington Avenue. It was built in 1940 on the site of Carl Fisher’s Lincoln Hotel, and designed by architect Albert Anis. The building is now owned by Ambassador Paul Cejas.
Miami-Dade County Retail Report 2013
Average shopping center rents in Miami-Dade County increased slightly over the course of 2012 and into 2013, continuing a steady, if slow and uneven recovery. Several big-box retailers are stepping up activity and securing sites, while developers are ramping up a cadre of new retail projects, as vacancy pressure over asking rents continues to dissipate. Nonetheless, countywide vacancy increased slightly, with three big-box retailers closing stores and inline tenancy still showing brisk turnover in some submarkets.
TERRANOVA SIGNS LEASE WITH EL BALCON DE LAS AMERICAS IN WESTFORK PLAZA
MIAMI BEACH, FLORIDA –July, 26 2013 –Terranova Corporation is pleased to announce it has signed a deal with El Balcón de las Américas, a fast-growing local restaurant chain that bring its unique and mouthwatering Colombian food menu to Westfork Plaza in Pembroke Pines, FL.