A Saglo related entity sold Vista Shopping Center last week. The immediate trade area boasts a very dense population of young families that continues to grow. The majority of tenants at the property perform very well. The Publix shopping center across the street, County Club Plaza, sold at strong pricing which prompted Jack Glottmann, Saglo’s
An affiliate of Saglo Development recently purchase the Marketplace at Cypress Creek, a 75,100 SF shopping center located at 787 Cortaro Drive, Sun City Center, FL 33573. The tenants at the property include DaVita Medical Group (formerly JSA), DaVita Dialysis, HearUSA, Enterprise Car Rental and American Clinical Solutions. Other service oriented tenants include a nail
March 22, 2017 5 top highlights from the last 12 months (bold and underlined text are hyperlinks) PERSONAL I was married last December to a wonderful woman, Nicole Murray Chen. She is an amazing wife as well as a professional residential realtor working both Miami and Ft Lauderdale. Please contact her if you need
What is a Fresco Y Mas Supermarket? It is Southeastern Grocer’s (Winn-Dixie’s parent corp) way of connecting with the Latin and Hispanic customers in Florida. Winn-Dixie has been operating at Saglo’s Flamingo Plaza (Hialeah, FL) for decades. Hialeah is a city in Miami-Dade county where an astounding 94% of its residents are Hispanic or
Lantana Village Square located in Palm Beach County, Florida is a 164,980 square foot shopping center anchored by Winn-Dixie and K-Mart. The property was acquired in January 2017. Saglo was attracted to this asset because 75% of the shopping center is comprised of national credit tenants, the property is located in a trade area with
Amazon sets records The still fairly new Ruskin Amazon Fulfillment center set two records within the world’s largest internet retailer with the most items shipped in December and the most gift-wrapped items shipped. MITCH TRAPHAGEN PHOTO There was a time, not so long ago, when the news of a company hiring a thousand or
Franklin Street Leads Turnaround of Two Tampa-Area Shopping Centers Franklin Street, a full-service and vertically integrated commercial real estate firm, has led the turnaround of two previously vacant shopping centers in the Tampa area. The firm leased out a struggling retail property in Temple Terrace and brought several new tenants to a shopping center in
Saglo Development acquires Shoppes of Armenia located at 2507-2513 West Hillsborough Ave., Tampa, FL 33614. This marks the 4th retail center that Saglo has acquired in the Greater Tampa market within the last 3 years, Saglo’s West Coast portfolio is now over 350,000 SF. The transaction was facilitated by Mark Shellabarger, Senior Vice President of
Since it has been an active year and I send these emails just once or twice annually, I’ll limit our new news at Saglo to 5 items. I have been promoted to President of Saglo Development after serving as its Vice President since 2012. I plan to increase the Saglo owned portfolio of properties to
The Leah Arts district is located in the Eastern area of Hialeah adjacent to Saglo Development’s Flamingo Plaza. The area is currently comprised of light-industrial, thrift shops, restaurants and retail and encompasses approx 6 city blocks. Most of the walls of the buildings within the district have beautiful murals and arts displayed. There is
Winn Dixie’s new prototype will certainly give all of the other grocers in Florida serious competition I recently visited the new proto-type Winn Dixie store near Jacksonville’s Baymeadows trade area. Unlike some of their previous attempts at re-branding, the new Baymeadows store is a 180 degree change for the typical Winn Dixie stores
Saglo owns 3 properties in the Greater Tampa market of Florida. With drone technology, we can now offer bird’s eye views of all of our properties. (We use a Phantom 2). Florida & Waters Shopping Center, located on the corner of Florida Avenue and Waters Avenue approx. 5 miles North of
August 2015 – Saglo Development and Realty (Miami, FL Based Commercial Real Estate Company) has had success in acquiring assets, disposing of assets, raising equity (via crowdfunding and friends & family) as well as retail leasing and management. Saglo has had an exciting 2015 thus far Our portfolio of company owned shopping centers in Florida
July 22, 2015 Saglo continues to invest in the Greater Tampa market by acquiring Florida & Waters Shopping Center located on the Southwest corner of Florida Avenue and Waters Avenue. The property contains 159,120 SF, was originally constructed in 1969 and was renovated in 2008. Tenants include Save-A-Lot, Citi Trends, CAC Medical Centers, Elegant Beauty
We are pleased to announce that Jack Glottmann, president of Saglo Development Corporation, will be a panelist in the upcoming Crittenden Real Estate Finance Conference. The Conference is a two-and-a-half day event for Real Estate professionals and is comprised of educational sessions and networking opportunities to aid in the growth of attending businesses.
We are pleased to represent Cricket Wireless in its search for new locations. National dealer group with over 100 stores. Target Markets • Miami-Dade: Hialeah, Hialeah Gardens, Kendall Drive, Sunset Drive, Miller Road, Bird Road, and Coral Way • Broward: Coral Springs Site Requirements • 750 SF – 1,600 SF • Preferably grocery anchored shopping
The Following is taken from a blog on EaryShares.com – As part of its commitment to help more individuals capitalize on high-potential opportunities in the U.S. commercial real estate market, EarlyShares recently welcomed a group of international investors into a retail investment offering from Saglo Development Corporation. Nine Brazilian investors pooled $930,000 into EarlyFund-BR
Whisk Gourmet is a successful restaurant located in the city of South Miami, FL. They feature Southern-style cuisine prepared with high-quality fresh ingredients. Dishes include BBQ Grilled Pork Chop plated with honey roasted carrots, roasted fingerling potatoes, sweet corn relish, and molasses BBQ. For a lighter fare try the Buttermilk Fried Chicken & Organic Spinach Salad
Alyona Tsutskova, Commercial Associate with Saglo Realty is working with both Jersey Boardwalk Pizza and Blade Barber Shop in their search for strong retail locations to expand into. Please contact Alyona Tsutskova for additional details at AT@Saglo.com or 786-470-4906
Hillsborough Community College’s South Shore Campus will almost double its size, Saglo’s Sun Point plaza will service its projected 10,000+ students (from the 6,500 student population in 2013-14 prior to the expansion). The above picture was taken Feb 13, 2015 and it appears that the shell is completed, all that is left is
Miami Design District’s Retail stores are finishing up construction and things are coming along nicely. If you are not aware of what the Miami Design District is, read about it here: http://miami.curbed.com/tags/design-district-drama It will contain a collection is some of the best and unique restaurants in Miami along with ultra high-end retail. I walked around
Saglo has always embraced new technology in our efforts to stay on the leading edge of the commercial real estate industry. Jack Glottmann made a decision during the Summer of 2014 to place our 2 recently acquired properties, Sun Point and Central Plaza Shopping Center, on the Earlyshares.com crowdfunding platform in order to
On November 14, 2014 Saglo Development Corporation was proud to participate in the Big Brothers Big Sisters (BBBS) of Greater Miami Annual Golf Classic at the fabulous new Trump National Doral. The event gave companies an opportunity to sponsor the BBBS event, which helps mentor young at risk kids in the community. Saglo was honored
21 days left in the year, now is a good time to start setting up deals for next year 12 tidbits of New News from Saglo. We are now leasing Pinecrest Plaza located on South Dixie Highway and 117th This is the only Whole Foods anchored shopping center in Miami with available space. It
When: Thursday Dec 18th from 5pm – 7pm Where: Fork & Balls 1301 E. Las Olas Blvd, Ft Lauderdale, FL What: Casual get together before the year ends. Happy Hour pricing in effect from 5pm – 7pm. Please rsvp with Amber Ross of Atlantic Retail – aross@atlanticretail.com 561-424-3015
Every business owner worth his salt has heard of the 3 most important words in the retail and restaurant business: Location! Location! Location! However, the location doesn’t stop with just the strip center, but actually in where you choose to lease within that strip center. Do you know where the best location is within a
Saglo had a total of 7 team members attend the 2014 ICSC South Florida Idea Exchange held at the Seminole Hard Rock Hotel & Casino in Hollywood, FL. Jack Glottmann, Hue Chen, Carlos Guzman, Anahi Quino, Lysdel Tellez, Alyona Tsutskova, and Kristina Remington were all in attendance. Speaker Panel Review The morning session included a
Saglo was a sponsor and attendee for the 17th Annual Sunset Over Miami that occurred on October 14 at the Historic Alfred I. DuPont Building in Miami, FL. This event focuses on real estate and finance and brings together an amazing group of professionals. For more information, please visit http://jewishmiami.org/resources/community_directory/events/17_annual_sunset_over_miami_
J. Vince Thompson Elementary School has been created with energy efficiency and the environment in mind. I”t is the first LEED (Leadership in Energy & Environmental Design,)-designated school in the Hillsborough County School District. For more check The Tampa Bay Times
“An Ohio real estate investment trust has acquired a Ruskin shopping center for $14 million or $200 per square foot.” Click http://www.bizjournals.com/tampabay/news/2014/08/28/ohio-reit-buys-ruskin-shopping-center-for-14.html to read more This purchase helps Sun Point tremendously, which was acquired by Saglo for $55 per square foot in June 2014.
Saglo staff assisted the “2014 ICSC Florida Conference” where owners, retailers, brokers, lenders, municipalities, and other members involved in the commercial real estate industry got together to make network, make deals and originate new business. The 3 days event was held at the Gaylord Palms Resort & Convention Center in Kissimmee, FL, and had almost
Amazon officials haven’t announced an opening date, but security guards at the site said it is scheduled to become operational on Wednesday. The parking lot had dozens of cars on Monday. The 1 million-square-foot warehouse near College Avenue and 30th Street NE in Ruskin is Amazon’s second fulfillment center in Florida. The first, at
The 2014 ICSC Florida Conference was a great success! Saglo sent 7 to the conference, which had a turn out of close to 4,000 retailers, developers, brokers, owners, and other real estate professionals. Between Jack Glottmann, Hue Chen, Carlos Guzman, Anahi Quino, Lysdel Tellez, Alyona Tsutskova, andKristina Remington we we blanketed the convention and connected
Saglo will be one of the pioneers in Crowd-Funding for Shopping Centers by using EarlyShares.com Saglo had purchased 2 shopping centers in Florida earlier this year, Sun Point and Central Plaza Shopping Center. These properties were purchase with capital provided by Saglo affliated entities and with financing from local banks. Saglo currently manages and
Saglo Realty is proud to provide strong 3rd party leasing for the Roads Retail and Studio located near the intersection of Coral Way and SW 13th Avenue. This 2 story property services The Roads, Brickell, Coconut Grove, Little Havana and Coral Gables. The ground floor is occupied by a Pharmacy and the
Saglo is now providing 3rd party leasing on behalf of our newest client Kimco Realty. Corsica Square, a Publix anchored shopping center located at SW 152nd Street and 157th Avenue, Miami, FL has 1,000 – 2,800 SF available. For details please visit: http://www.saglo.com/listings/corsica-square/ For leasing info contact: Carlos@saglo.com Thank you Kimco for this
7 members of Saglo will be attending the 2014 ICSC Florida Conference from August 24-26. http://www.icsc.org/events-and-programs/details/florida-conference2 This is the most important event in the Retail Shopping Center Industry for the state of Florida. Thousands of attendees will be filling the halls of the Gaylord Palms Hotel and Convention Center and Millions of Dollar$ in
Saglo Development would like to thank all that attended the 2014 Summer BBQ Broker Bash at Flamingo Park Plaza. The event was a huge success with near 70 attendees. We would especially like to thank: Lysdel Tellez: Lysdel@saglo.com Anahi Quino: Anahi@saglo.com Carlos Guzman: Carlos@saglo.com Kristina Remington: Kristina@saglo.com Alyona Tsutskova: AT@saglo.com for putting
Navarro Discount Pharmacy 33 stores will be purchase by CVS Caremark, but they will continue to operate under the well-known brand in Miami. Read more here: http://www.miamiherald.com/2014/07/N14/4236285/cvs-to-buy-miami-based-navarro.html#storylink=cpy
Geoffrey Stevens and Hue Chen coordinated the first ever Broker Biking event at Shark Valley on July 13th, 2014 at 9:00 am. Pictures of the event below. Shark Valley has an approx. 14 mile (2 – 3 hour adventure) paved loop Trail in Everglades National Park. You can bike ride, walk, or take a
Saglo will be hosting a Summer Broker Bash on July 17th, 2014, 12:00 PM – 2:00PM Enjoy great networking and BBQ at Flamingo Park Plaza – 4410 West 16th Avenue, Suite 30 (adjacent to CAC Medical Center) – Hialeah, FL We hope that you can make it! RSVP with Lysdel Tellez – 305-704-3193 or
The possible closing of Everest college or similar schools is significant to the Commercial Real Estate industry since they are located in different shopping centers across de state. A story to keep an eye on… http://ireader.olivesoftware.com/Olive/iReader/TheMiamiHeraldPress/SharedArticle.ashx?document=TMH%5C2014%5C07%5C01&article=Ar1E4
A project to restore the Florida East Coast Railway calls for the creation of nearly 30 train stations to be built east of Interstate 95 along the South Florida coast. Read more here: http://www.miamiherald.com/2014/06/22/4191931/investors-assess-development-potential.html#storylink=cpy
“As development hot spots such as Miami overheat, market watchers say foreign investors are increasingly spending their yen, yuan and loonies in Tampa Bay — even as the source of their spending remains largely hidden from view.” says this article from The Tampa Bay Times. http://www.tampabay.com/news/business/realestate/foreign-real-estate-investors-funnel-millions-toward-tampa-bay-as-south/2166812
Saglo continues investing in the Tampa Bay area. We had purchased this week Sun Point, a retail space anchored by Big Lots and Goodwill located on College Avenue in Ruskin, FL. Sun Point has an overall occupancy of 81.19%. The center includes a mix of retail, services, office, and medical office. Sun Point has excellent
Famous Miami food blogger Sef Gonzalez, aka Burger Beast, hosted his first Burger Brawl a few days ago and the winner for the best burger was Latin House Grill, our Debbie’s Shopping Center tenant, with its Mad Love with A Twist burger. This delicious burger is a special sirloin, brisket chuck blend topped with Provolone,
When Saglo invested in St. Petersburg with the purchase of Central Plaza, we analyzed the market and realized that this is one of the best places to invest in the Tampa area. Now, we can see how others agreed and are also putting their efforts for the growth of this beautiful city. Val Pak has
St. Petersburg, FL keeps growing and Ruth’s Hospitality Group Inc. knows it well! A new Ruth’s Chris restaurant will open on March 2015 in the Pinellas County’s city. The opening of this upscale dining option in the area proves that the market keeps growing in the Tampa Bay area. More details at: http://www.bizjournals.com/tampabay/blog/morning-edition/2014/05/ruth-s-chris-confirms-st-petersburg-restaurant.html?iana=ind_retail
Saglo will be part of RECon this year. The Miami based commercial real estate corporation will attend the largest shopping center convention in the world in Las Vegas on May 18. The International Council of Shopping Centers (ICSC) organizes RECon every year with more than 32,000 participants and 1,000 exhibitors. This will be a great
Saglo has purchased Central Plaza Shopping Center located on the corner of Central Avenue and 34th Street in the densely populated city of St. Petersburg, FL. The property is anchored by a Goodwill Superstore and Family Dollar and currently has 1 vacancy of 6,000 SF. The tenant mix is comprised of 99% national companies that
We hired Anahi Quino (formerly RAM, Woolbright & Terranova – 9 years of experience) to join Carlos Guzman (formerly CREC & M2 – 15 years of experience). She will start March 31st and can be reached at Anahi@saglo.com We are actively meeting with property owners to hire Saglo for 3rd party leasing and/or management. We
Even when banks slow down in the leasing of spaces, South Florida shows the second-largest gain with 37 openings in 2013, but in the negative side it had 30 branch closures. http://www.bizjournals.com/southflorida/news/2014/01/28/south-florida-has-second-largest-gain.html?ana=e_du_pub&s=article_du&ed=2014-01-28
The company will be opening a new location at a 49,000 square feet space in Doral. http://www.bizjournals.com/southflorida/news/2014/01/28/publix-signs-lease-at-terra-group.html?surround=etf&ana=e_article
Florida is the only state who charges sales tax on commercial rents. ICSC, NAIOP and Realtor have worked hard to tax down slowly and eventually try to eliminate the sales tax. Can this proposal by Gov. Scott mean that will be eliminated in the future? Follow the link to the Business Journal: http://www.bizjournals.com/tampabay/blog/morning-edition/2014/01/governor-proposes-100-million-tax-cut.html
Here are some shots from last week’s networking event Saglo held at Flamingo Park Plaza.
Check out Saglo’s new pictures of Flamingo Plaza and Vista Shopping Center. Marshalls – Flamingo Plaza Family Dollar – Flamingo Plaza Winn Dixie – Flamingo Plaza Sedano’s – Vista Shopping Center Red White & Blue Thrift Store – Flamingo Plaza
Our lovely end-cap available next to the Rainbow that’s coming soon.
Marshalls opens their doors at Flamingo Plaza – 901 East 10th Avenue, Hialeah, FL 33010
“Saglo Development hosted a Broker Networking Lunch on May 2, 2013 at the Vista Shopping Center. There was a great turnout with over 30 brokers and agents in attendance. We appreciate all of you that joined us. Here are some pictures of the event! Congratulations to Brandon Woulfe for winning a bottle of Patron Anejo
As owner and leasing agent of nearly 800, 000 square feet of prime commercial retail shopping centers located all over South Florida, including Miami, Saglo Development is well-established in the commercial leasing industry as a company that remains committed to fair and courteous treatment of all our retail partners during and after completion of leasing
Our aggressive and detailed approach to developing our properties in ways that seize and optimize on the supply/demand consensus dominating a particular area or neighborhood embodies our commitment to the success of our clients. As experienced managers of using renovation funds for the direct promotion of our retail partners’ businesses, Saglo maintains close relationships with
Clients choosing to work with Saglo Development Corporation experience first-class customer service standards as tenants of our South Florida shopping centers. Our continued success depends solely on your success, which is why we endeavor to develop and implement long-term business objectives and goals that ensure mutual satisfaction and prosperity. Property management is personally handled by
September 28, 2012 Joining other national retailers such as Winn-Dixie, Citi Trends, Family Dollar, and Rent-A-Center, Marshalls will be opening a 25,000 SF location at Flamingo Plaza. Still known as “the place to go” for value-minded treasure hunters, Flamingo Plaza continues to transform into a shopping center with recognizable names. To accompany this change, Flamingo
