Gemma Lionello Of Nordstrom Rack Signs 22,000 Square Foot Lease In Wellington With MetLife

The asset involved in this transaction is a retail space encompassing 22,000 square feet located at 800-1020 State Road 7 in Wellington, Florida. The property is part of The Shoppes at Isla Verde and is managed by Urban Retail Properties.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Address: 800-1020 State Road 7
• Market: Wellington, FL
• Landlord: Brian Funk - MetLife Investment Management
• Tenant: Gemma Lionello - Nordstrom Rack
• Lease Size: 22,000 square feet
• Scheduled Opening: Spring 2027

This lease transaction features Gemma Lionello representing Nordstrom Rack, which will establish a new store in the shopping center. The landlord, Brian Funk, is associated with MetLife Investment Management, indicating a notable investment in the retail sector.