MIAMI - Berkowitz Development Group today announced the signing of a lease renewal with global brand-name shoe retailer Famous Footwear for ± 8,000 square feet at Kendall Village Center, located at 8651 SW 124 Avenue in Miami, Fla.
This transaction maintains the occupancy level of 95 percent at the open-air shopping and office destination in Kendall. On behalf of the landlord, Berkowitz Development Group, Michael Berkowitz, President, and David Signer, Vice President, of Berkowitz Realty Group, completed the transaction.
“Kendall Village Center has been a staple for the area since its opening in 1999,” said Mr. Singer. “Since that time, we’ve worked diligently to effectively position the open-air shopping destination as a prominent fixture in the national retailer community.”
Kendall Village Center is a premier shopping destination for the area, featuring 276,000 square feet of national and boutique local retailers in a pedestrian friendly outdoor setting and 159,000 square feet of office space. Located in the heart of West Kendall at the intersection of North Kendall Drive (SW 88 Street) and The Florida Turnpike, the shopping center is surrounded by a highly populated residential base.
Marquis tenants include the Regal 16-plex Stadium Seating Theater, Old Navy, Gap, Nova Southeastern University, Pier 1 Imports and LA Fitness.
According to recent reports, demand for space continues on an uptick for the limited supply within Kendall’s retail leasing market, which represents a steadying economy. Local, national and global retailers are experiencing persistent growth in areas such as South Florida that show stable signs of bustling commerce.
“Famous Footwear will continue to complement the center’s already diverse tenant mix which attracts and retain well-known retailers,” said Mr. Berkowitz.
For more information about Berkowitz Development Group or leasing information for Kendall Village Center, please contact 305-854-2800 or visit www.berkowitzdevelopment.com.
About Berkowitz Development Group, Inc. 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.