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PRESS RELEASE: Berkowitz Development Group Inks 43,000 SF Lease Renewal with Sports Authority at Kendallgate Shopping Center

Kendall, Fla. – Berkowitz Development Group, Inc. is pleased to announce the signing of a long-term lease renewal with national sporting goods retailer Sports Authority for ± 43,000 square feet at Kendallgate Shopping Center, a 194,624 square foot shopping destination located at 11910 SW 88th Street in Miami, Fla.

As part of a companywide effort to enhance the look and customer experience of new and existing stores nationwide, the Sports Authority at Kendallgate Shopping Center will undergo an interior redesign and incorporate updated exterior signage.

Michael Berkowitz, President of Berkowitz Realty Group, served as the leasing representative on behalf of the ownership, Berkowitz Development Group. “We continue to be able to successfully leverage Kendallgate’s unique retail space offerings and the premier location in the heart of the density of Kendall to retain gold standard businesses within the plaza,” said Mr. Berkowitz. “The recent renewal and updates within Sports Authority show that large-scale retailers continue to look forward to long-term success in the Kendall area.”

Located at the entrance to West Kendall on the Southwest Corner of North Kendall Drive (SW 88 Street) and The Florida Turnpike, Kendallgate Shopping Center’s retailers enjoy the busy traffic provided as a result of the high population of the area. In addition to Sports Authority, notable tenants include Bed Bath & Beyond, DSW, Petco, ULTA, and Comp USA.
 
“The steady increase in demand for retail space in the Miami market has a strong influence on tenants’ decision to renew,” said Mr. Berkowitz. “The trend showcases the vibrancy of the Kendall retail sector, making Kendallgate Shopping Center a highly sought after location for business.”

Berkowitz Development Group, Inc. (BDG), a Florida corporation, is a full-service retail development company headquartered in Coconut Grove, Miami, Florida. BDG is widely recognized as one of the pre-eminent retail developers in Miami-Dade County having developed a number of high profile, strategically located and innovative retail projects. BDG specializes in gateway niche projects involving complex development issues. BDG's expertise includes areas relating to all aspects of development including leasing, management, construction management, dispute resolution, customer and tenant relations, budgeting, projections and governmental relations. BDG has developed and is currently managing more than 1,500,000 square feet of retail shopping centers and office buildings, generating estimated gross sales in excess of $700,000,000.