Englewood, NJ, March 29, 2023 – Academy Sports + Outdoors’ first South Florida location is coming to the Shoppes at St. Lucie West in Port St. Lucie, Florida. The popular sporting goods retailer has signed a 15-year-lease for a new store to be built (63,000 square feet) slated to open in Q4 2023.
Katz & Associates’ Jon Cashion and Daniel Solomon, CCIM, represented the landlord, Hampshire Companies and Redfearn Capital, and Strategic Retail Advisors’ Brandon Nocella and Mercedes Loftus represented the tenant. Academy Sports + Outdoors will be joining a terrific lineup of retailers at the center including Publix, Five Below, and Bealls (all of which Cashion and Solomon represented the landlord in the leases), as well as Burlington, LA Fitness, and more.
Cashion and Solomon, Principals at Katz & Associates, share: “Academy Sports + Outdoors chose this location for their new store because the St. Lucie trade area is one of the fastest growing markets in the country. A significant number of people are moving to Port St. Lucie and many retailers are expanding in the area, so this will be a wonderful fit and opportunity.”
Katz & Associates began operations in January of 1996. The company currently maintains offices in New York City, Charlotte, Boca Raton, Nashville, New Jersey, Orlando, and Chicago. Katz & Associates’ primary focus is assisting retailers, restaurants and landlords in all capacities including strategic planning, market analysis, lease and sale negotiations and dispositions. Our team of seasoned veterans has decades of experience and invaluable market knowledge.