Englewood, NJ, July 28, 2022 – Retail is buzzing at Babcock Ranch in Florida as Katz & Associates’ Jon Cashion and Eric Spritz continue leasing at Crescent B Commons and start leasing at The Shoppes of Yellow Pine. Cashion and Spritz have been representing Kitson & Partners to help fill retail space with top-notch retailers in the new and developing city in Southwest Florida. The city is entitled for six million square feet of commercial space including retail, office, industrial, hotel, and more. Cashion and Spritz are spearheading the commercial efforts for the entire city.
Located at SR-31 and Cypress Parkway, several national retailers have already signed and opened at Crescent B Commons in Babcock Ranch, the first solar-powered city in the United States. Joining Publix, Pi Pizza and the Royal Paw Groomer, Cashion and Spritz have recently confirmed Heartland Dental, Great Clips, and Pet Supermarket; Katz’s Paige Eber represented Pet Supermarket in the deal.
At The Shoppes of Yellow Pine, Cashion and Spritz will fill approximately 130,000 square feet of retail space. They are actively entertaining leases and LOI’s with multiple drive-thru positions, free-standing lakefront restaurants, box and outparcel opportunities, and more. Completion date for the center is slated for the end of 2023.
“It’s exciting to help create the retail footprint and on such a grand scale at this innovative new city,” said Katz & Associates’ Jon Cashion and Eric Spritz. “With Publix and other great retailers already open, we’re enthusiastic to continue to develop shopping and dining opportunities at Crescent B Commons and to get started on The Shoppes at Yellow Pine.”
Babcock Ranch is an 18,000-acre “new town” development in Southwest Florida. It’s entitled for 19,500 residential units and six million square feet of commercial space.
Katz & Associates began operations in January of 1996. The company currently maintains offices in New York City, Charlotte, Boca Raton, Nashville, New Jersey and Orlando. 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.