KENDALL, FL-Boca Raton-based Woolbright Development Inc. has acquired the 83,000-sf West Sunset Square at the intersection of SW 157th Ave. and Sunset Dr.

The open-air shopping center, located on a 10-acre parcel, is anchored by Walgreens and recently added tenants including Little Einstein’s Preschool & Learning Center, Gamers’ and Million Dollar Nails. About 59,000 sf is available for lease in the center, which is scheduled to open in summer 2008.

“We expect continued growth within West Sunset Square’s market area,” says Woolbright president Duane Stiller. “That means there is a need here for new retailers and consumer services to better serve this thriving community.”

Woolbright acquired the center due to the strong population growth in Kendall and western Miami over the past five years. The property is situated on a prime retail corner, enhanced by the extension of SW 157th Ave., which completes the north-south thoroughfare and broadens the trade area for the center.

“West Sunset Square serves neighborhoods of young, growing families, so our plans for the center will be focused on their needs,” Stiller says.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.