MIAMI BEACH, FL – June 9, 2015 –Suniland Shopping Center is no stranger to successful tenants and Florida Community Bank is no exception with its upcoming relocation to a much larger space within the shopping center.
Terranova has signed a 5-year lease with Florida Community Bank (FCB) for 1,607 square feet at 11315 S. Dixie Highway in Suniland Shopping Center, the premier shopping center in the heart of Pinecrest. Their new location is expected to open this fall.
Florida Community Bank was founded in 1923 in Collier County Florida and is now the fourth largest independent Florida-based bank. Since then they have acquired eight other Florida-based banks forming what they call the new Stronger Than Ever FCB.
For a decade, FCB has called Suniland Shopping Center its home and with several tenants reporting outstanding sales performance close to $1,000 per square foot, it was time for FCB to embrace the on-going success of the center and increased strength of the market with its expansion into a space nearly double its original size. The bank’s new larger location will have the much needed capacity to attend to the increased customer demand from the prosperous neighborhoods of Pinecrest and Palmetto Bay.
“The visibility on South Dixie Highway gave FCB excellent exposure to the growing affluent population of the neighboring community,” says Terranova’s executive vice president Mindy McIlroy whose firm represented the landlord in the deal. “We are pleased to take FCB’s success to the next level and showcase this fast growing bank in their new bigger location.”
Previously located at 11503 in Suniland Shopping Center, FCB’s new location is between Wagon’s West Restaurant and Hair Cuttery at 11315 S Dixie Highway. FCB in Suniland Shopping Center will join a tenant line-up that includes other leading retailers such as CVS Pharmacy, Smoothie King, Flanigan’s, Citibank, and Chicken Kitchen.
Terranova Corporation, South Florida’s leading commercial real estate advisory firm, currently is involved with commercial real estate assets for its clients and its own portfolio valued at more than $1 billion. The company offers complete commercial real estate services, including asset and property management, leasing, tenant representation, acquisitions, dispositions, financing, construction management and development services.