Capitalizing on the rapid growth in the area, Jon Cashion and Karen Maerovitz of Katz & Associates are representing the landlord of the Grove Market Shopping Center on Seminole Pratt Whitney Road.
Katz & Associates has recently secured leases with the following retailers: a national grocer anticipated to open a 50,983-square-foot store in the fourth quarter of 2021, an Exit Realty real estate office (the third location for this group), a new family chiropractic office opening by the end of 2021, and lease renewals at Company C Salon and Sunshine Nails. More openings are in the works.
The shopping center is set on Seminole Pratt with several access points and high visibility, and features several capital improvements, including new paint, new roofs, an updated façade, an upgraded parking lot, two new pylons and enhanced landscaping.
Additional leasing opportunities range from 1,200 up to 4,050 square feet, as well as outparcel opportunities.
The Grove Market Shopping Center is located in the middle of Westlake’s future development, which encompasses more than 6,500 residential units, as well as a medical campus, commercial development and more.
With 491 home sales in 2020, Westlake is ranked number 19 in the nation for master-planned communities, according to John Burns Real Estate Consulting, which provides independent U.S. housing industry research.
“With a rapidly expanding community in Loxahatchee, specifically in the City of Westlake, the Grove Market Shopping Center is an ideal destination for retailers,” Cashion and Maerovitz said. “And, with several tenants already committed, including a popular 50,000-square-foot national grocer, now is the time for retailers to get on board.”
Katz & Associates has offices in New York City, Boca Raton, Charlotte, New Jersey, Nashville and Orlando. Its primary focus is assisting retailers, restaurants and landlords in all capacities, including strategic planning, market analysis, lease and sale negotiations, and dispositions. For more info., visit www.katzretail.com.
