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Andrew Zuckerman Of The Zuckerman Group And Scott Sherman Of Torose Equities Lease Retail Space To TJ Maxx And Ulta Beauty In Bonita Springs
LEASED
Florida
See Similar DealsRetail100,000 SF
Leased
LEASED
Andrew Zuckerman Of The Zuckerman Group And Scott Sherman Of Torose Equities Lease Retail Space To TJ Maxx And Ulta Beauty In Bonita Springs
13000 Bonita Beach Road Southeast
See Similar DealsRetail100,000 SF
Leased
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:100000 SF
Transaction Type:Lease
The asset involved in this transaction is located at 13000 Bonita Beach Road Southeast in Bonita Springs. It is classified as retail property within a mixed-use development that is part of a larger 68-acre project. The overall scope of development will include a 165-key boutique hotel and an apartment community known as Paradiso Bonita Springs, enhancing the area's amenities.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Landlord: Andrew Zuckerman - The Zuckerman Group
- Landlord: Scott Sherman - Torose Equities
- Tenant: TJ Maxx & Ulta Beauty
This lease agreement marks a significant step in the Midtown at Bonita project, bringing nearly 100,000 square feet of leased retail space to the area. The development's construction is progressing under the leadership of The Zuckerman Group in collaboration with retail partner Torose Equities.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$5,731,939.66
Total Lease Value
$57,319,396.56
Net Landlord Cash Flow$5,731,939.66
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