Michaels, a national arts and crafts retailer, has signed a 10-year lease for a 25,600-square-foot space in Delray Corner shopping center, located at 14824 South Military Trail in Delray Beach. The lease transaction was facilitated by Nicole Fontaine of Katz & Associates, representing the landlord Berta Management of Florida, and Bryan Fetherston of The Shopping Center Group, representing Michaels as the tenant. The store is set to open in Q1 2023, taking over the former Bed Bath & Beyond location, and will contribute to the shopping center's high occupancy rate of over 97%.

Summary of Transaction Details:

• Property Type: Retail
• Transaction Amount: Not mentioned
• Square Footage: 25,600 SF
• Address: 14824 South Military Trail, Delray Beach
• Market: Delray Beach
• Landlord: Berta Management of Florida - Michael Kanoff
• Tenant: Michaels - Ashley Buchanan
• Landlord's Rep: Nicole Fontaine - Katz & Associates
• Tenant's Rep: Bryan Fetherston - The Shopping Center Group
• Lease Terms: 10 years