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Nov. 16, 2012

Blanca CRE Tapped to Lease Office Component of Shops at Sunset Place

By Georgiana Mihaila, Associate Editor

Simon Property Group has selected Miami-based Blanca Commercial Real Estate as the exclusive agent for 100,000 square feet of space that will be re-purposed for office, medical and related uses at the Shops at Sunset Place.

The Shops at Sunset Place, Simon Property Group’s 514,000-square-foot retail complex in South Miami, is one of the top shopping, entertainment and dining complexes in South Florida. The re-purposed space, located at the corner and intersection of U.S. 1 and Red Road (SW 57th Avenue), is available immediately.

According to an official company announcement, CEO Tere Blanca will lead the marketing efforts and be assisted by Executive Vice President Alison Pages and Associate Vice President Alexander Cahlin.

“The Shops at Sunset Place anchors one of Miami’s most desirable and pedestrian-friendly neighborhoods,” Ms. Blanca says. “South Miami is home to a critical mass of shops, restaurant and entertainment options. The missing component is flexible commercial space that we can now offer to companies of all sizes.”

The repositioned space may be built-out to suit tenants’ specific requirements, and users will have access to a reserved parking area in the property’s garage. Signage directly facing U.S. 1 will be available for anchor tenants.

Since opening in 1999 as South Miami’s first open-air retail marketplace, the Shops at Sunset Place has emerged as a key destination for shopping, entertainment and dining, with current tenants including AMC Theatres, LA Fitness, Barnes & Noble Booksellers and Splitsville Luxury Lanes and Dinner Lounge.

Image courtesy of Schwartz Media Strategies