Retail

South Florida has one of the most rapidly expanding commercial retail markets in the U.S. We understand how important retail property selection is and how it contributes to the success of a company. Therefore, to help clients maximize their commercial real estate investments, we keep abreast of the latest retail property developments.

Our knowledge of South Florida commercial retail market and experience in the tenant selection process allow us to match buyers and sellers for their mutual success. We work with various types of retail properties including shopping centers, strip malls, individual stores and restaurant locations.

Regardless of your area of interest, we can further your real estate goals. Our expertise of commercial real estate enables us to seize opportunities, speed the transaction process and better advise our clients on all their real estate decisions.

For expert advice Contact Raffaele Covino

Specialized in:

Ø       Property acquisitions and dispositions

Ø       Tenant/Owner Representation

Ø       Buyer Representation

Ø       Commercial, industrial and Investment Real Estate

Ø       Leasing & Sales

Ø       Analysis of current market conditions and individual real estate portfolios

Ø       Restructuring/repositioning space to meet individual needs of business

COMMERCIAL REAL ESTATE
Resources

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Ø RETAIL PROPERTIES

Ø INDUSTRIAL REAL ESTATE

Ø MULTI-FAMILY PROPERTIES

Ø 1031 EXCHANGE

Ø INVESTMENTS

Ø CONTACT RAFFAELE 
 

If you are considering buying, leasing or selling a commercial property please don't hesitate to contact Raffaele to represent you in South Florida or to refer you experienced real estate agents in any U.S. market.

Raffaele Covino specializes in Parkland commercial real estate, Boca Raton commercial real estate, Coral Springs commercial real estate  and surrounding areas in South Florida. 

Types of Properties

Retail properties can range from a single, one-tenant building to over a million square feet of assorted shops that display goods or sell services to the public. There are 3 general categories of retail properties:

Shopping Centers
A group of stores catering to a trade area, which offer a variety of goods and/or services and on-site parking (the tenant “mix”). Subcategories are: 

Ø Super regional center - 3 or more major department stores, is often enclosed (mall), is 750,000 to 1 million square feet, and draws from a large trade area of 12 miles or more.
Ø Regional center - One or two department stores, a variety of smaller stores, and is larger than 300,000 square feet. It will draw from an 8-mile radius or more.
Ø Community center - Usually have a supermarket, junior department store, and a variety store, is larger than 100,000 square feet, and draws from a 3-5 mile radius.
Ø Neighborhood center - Is built around a supermarket and/or drugstore, provides convenience goods and services to a neighborhood, is between 30-100,000 square feet, and draws from a 1-3 mile radius.
Ø Convenience center - A small cluster of stores along a street, 5 - 40,000
square feet; trade area is immediate neighborhood. May have a convenience market, Laundromat, dry cleaner, etc.
Ø Specialty center - Often has a theme, usually has no anchor, and generally is local in impact. Examples might be home improvement centers, gift shops, or auto service and sales.


Free standing store
One commercial building meant to be occupied by a single user. It is typically found near major shopping centers on major routes, and fills a specific need in the area. 

Strip commercial
A string of stores in a commercial area with no central leasing, management, or theme.