Capitalizing on the rapid growth in Loxahatchee, Florida, Jon Cashion and Karen Maerovitz of Katz & Associates are representing the landlord of Grove Market Shopping Center, the main shopping plaza in the area.
Katz has secured leases with the following retailers:
- A national grocer - 50,983 square feet (anticipated to open in Q4 2021)
- EXIT Realty real estate office – the third location for this group
- A new family chiropractor coming to the Center by end of 2021
- Company C Salon (lease renewal)
- Sunshine Nails (lease renewal)
With more in the works.
The Center is set on Seminole Pratt Whitney Road with several access points and high visibility, and features several capital improvements including new paint, new roofs, updated façade, upgraded parking lot, two new pylons, and enhanced landscaping.
Additional leasing opportunities range from 1,200 up to 4,050 square feet, as well as outparcel opportunities. Contact Cashion and Maerovitz at Katz & Associates.
Grove Market Shopping Center is located in the middle of Westlake’s future development which encompasses over 6,500 residential units, as well as a medical campus, a new tax office, a new fire station, and more commercial development. The City of Westlake is among the fastest-growing cities in Florida according to U.S. Census Data. With 491 home sales in 2020, Westlake is ranked number 19 in the nation for master-planned communities according to John Burns Real Estate Consulting, which provides independent US housing industry research.
“With a rapidly expanding community in Loxahatchee, specifically in the City of Westlake, Grove Market Shopping Center is an ideal destination for retailers,” said Jon Cashion and Karen Maerovitz of Katz & Associates. “And, with several tenants already committed, including a popular 50,000 square foot national grocer, now is the time for retailers to get onboard.”
Katz & Associates began operations in January of 1996. They currently maintain offices in New York City, Boca Raton, Charlotte, New Jersey, Nashville, and Orlando. Katz & Associates assists retailers, restaurants, and landlords in every facet of retail real estate including strategic planning, market analysis, lease negotiations, investment sales, portfolio analysis, and dispositions. The team is helmed by a dynamic management group and driven by experienced advisors who are well respected in the industry and invested in their respective communities.