Downtown Dadeland Signs New Retail Tenants
- Nov 07, 2014
Downtown Dadeland has recently completed 33,000 square feet of new leases at its retail component. Five new tenants will join soon according to the new owners of the property.
Duncan Hillsley Capital’s joint venture with Pebb Capital acquired the lifestyle retail center back in August. The group is led by Duncan Hillsley Pebb Investments, a private investment firm that pursues opportunities across a range of asset classes which lend themselves to maximizing asset value. The group has engaged Continental Real Estate Companies to lead leasing and property management for the property.
Flippin’ Pizza will occupy 2,100 square feet beginning this month, Verizon will take 6,770 square feet and Which Wich – a sandwich shop – signed for 1,506 square feet with opening date set for December. Hospital Corporation of America will also open a 19,467 square-foot medical office next year, and OCC Burger expands with a 3,450 square-foot restaurant in February. The new tenants join West Elm, Chili’s Bar & Grill, Lime, World of Beer, Men’s Wearhouse, Panera Bread and others.
Downtown Dadeland is a 127,000-square-foot dining and shopping complex with 416 additional residential condo units, situated on 7.5 acres at Kendall Drive, across from Dadeland Mall. It is conveniently accessible through Miami-Dade’s Metrorail system and a number of major thoroughfares including US-1 and the Palmetto Expressway. It is also close to several desirable neighborhoods including Pinecrest, South Miami, Coral Gables and Kendall. Demand drivers in the area include Dadeland Mall, 2 million square feet of adjacent office space, several hotels within walking distance and more than 3,000 residential units nearby.
Photo credits: Downtown Dadeland