The Real Deal Miami

Stiles tapped to lease Melbourne retail center

June 20, 2012 10:30AM

Stiles Property Management has been awarded the property management assignment for the Shoppes of West Melbourne, a 144,000-square-foot retail center in Melbourne. The property was purchased by Garrison Investment Group earlier this month. Sembler Company will be leasing the property. “At about 93 percent leased, Shoppes of West Melbourne is a valuable investment that supports our overall strategy to grow our 4.5-milion-square-foot portfolio in key markets across the US,” said Mitch Salmon, senior vice president of Garrison. “We feel there is tremendous opportunity for well-designed and located product in Florida and look forward to growing our footprint in the region.” — Alexander Britell