Newrock Partners Signs Retail Lease For 27,500 SF In Oakland Park With Multiple Tenants

The asset involved in this lease transaction is a retail property with a total square footage of 27,500, located at 3333 North Federal Highway and 3411 North Federal Highway in Oakland Park, FL. The property is situated within a market that offers lower rents compared to nearby Fort Lauderdale submarkets.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Square Footage: 27,500
• Address: 3333 North Federal Highway & 3411 North Federal Highway
• Market: Oakland Park, FL
• Landlord: Koby Assaraf - Newrock Partners
• Brokers: David Abrams, Eliot Goldschmidt & Jeff Jacobson - Masonre; Joshua Deitchman - Level Realty

In this transaction, Newrock Partners has successfully leased over 27,000 square feet of retail space to 13 fitness, wellness, and dining tenants across its Oaklyn and Parklyn mixed-use developments. The leasing activity is expected to result in full occupancy by year-end with tenants including brands like Pure Barre, Carrot Express, Epic Cycles, Jetset Pilates, and Dave’s Hot Chicken.