SOUTH FLORIDA MARKET AT A GLANCE

 Top retailers that entered the market in 1999-2000
Atlanta Bread Company - Doral, 4,000 square feet
The Container Store - Dadeland, 30,000 square feet
Nordstrom - West Palm Beach and Boca Raton, 180,000 square feet

Top restaurants that entered the market in 1999-2000
Legal Seafoods - Sawgrass Mills, 7,500 square feet
Wolfgang Puck's - Sawgrass Mills, 6,000 square feet
Jamba Juice - 1,500-2,000 square feet
Quizno's Subs - 1,500-2,000 square feet
Baha Fresh - 2,500-3,000 square feet

Notable office/retail/industrial projects in 1999-2000
Shops of Merrick Place - new Coral Gables regional center with Neiman Marcus and Nordstrom
Alhambra Towers - Coral Gables office tower, 600,000 square feet
Doral Concourse - Doral office tower, 600,000 square feet
JW Marriott and Barclays Bank - Brickell Avenue, 150,000 square feet
 

Vacancy factor marketwide for each property type
retail: 9%
office: 12%
industrial: 9%

	retail	office	industrial
Dade	7%	11%	9%
Broward	9%	13.5%	10%
Palm Beach	11%	12%	10%

Development Buzz
Starwood Urban is on a mission to purchase inline, streetfront properties in Coral Gables and Miami Beach to create a significant assemblage in excess of $100 million to begin transforming those areas with enough critical mass to make an impact.

Retailers that have left the market in 1999-2000
Just for Feet - in Dade, Broward and Palm Beach, 18,000 square feet
Let's Talk Cellular - 1,500-2,000 square feet, filed Chapter 11