Thursday, May 14, 2015

HFF closes sale of Mercato mixed-use retail lifestyle center in Naples, FL


Mercato Shopping Center, 9115 Strada Place, North Naples, FL


Kim Flores
MIAMI, FL– Holliday Fenoglio Fowler, L.P. (HFF) announced  it has closed the sale of Mercato, a 456,359-square-foot, mixed-use retail lifestyle center in Naples, Florida. 

HFF marketed the property on behalf of the seller, a partnership between Madison Marquette, Barron Collier Companies and The Lutgert Companies.          
   
Mercato is an upscale, pedestrian-friendly, mixed-use lifestyle center with 321,119 square feet of retail and 135,240 square feet of Class A office space.

 Built between 2007 and 2009, the project is comprised of 14 open-air buildings and 2,103 parking spaces with room for future development.  Mercato is the sole southwest Florida location of Whole Foods, the 12-screen Silverspot Cinema and Nordstrom Rack, which anchor the center.

 The center houses its national anchors in addition to other national and regional retailers including Sur La Table, Jos. A Bank, Tommy Bahama, Z-Gallerie, Sperry and Ulta Salon, and more than 17 restaurants, including The Capital Grille, McCormick & Schmick’s, Chipotle and Bravo! Cucina Italiana. 


Manuel de Zarraga
Free musical concerts, movies on the lawn, festivals and special events fill Mercato’s event schedule.  Situated on 41.65 acres at 9115 Strada Place in the heart of north Naples, the center is at the intersection of Tamiami Trail (U.S. 41) and Vanderbilt Beach Road. 

The HFF team representing the seller was led by senior managing director Daniel Finkle, executive managing director Manuel De Zárraga, managing director Luis Castillo and director analyst Kim Flores.

 For a complete copy of the company’s news release, please contact:

Kristen M. Murphy

Associate Director

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com





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