{"id":1004181241,"date":"2017-06-20T04:32:47","date_gmt":"2017-06-20T12:32:47","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004181241"},"modified":"2022-12-08T19:48:15","modified_gmt":"2022-12-09T03:48:15","slug":"nai-miami-secures-lease-at-pinecrest-village-plaza","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nai-miami-secures-lease-at-pinecrest-village-plaza\/","title":{"rendered":"NAI Miami Secures Lease at Pinecrest Village Plaza"},"content":{"rendered":"<p>By Timea Papp<\/p>\n<div id=\"attachment_1004181244\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/full.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004181244\" data-attachment-id=\"1004181244\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/nai-miami-secures-lease-at-pinecrest-village-plaza\/full\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/full.jpg\" data-orig-size=\"964,723\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Pinecrest Village Plaza in Miami\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Pinecrest Village Plaza in Miami&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/full.jpg?w=964\" class=\"wp-image-1004181244 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/full.jpg\" alt=\"Pinecrest Village Plaza in Miami\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/full.jpg 964w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/full.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/full.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004181244\" class=\"wp-caption-text\">Pinecrest Village Plaza in Miami<\/p><\/div>\n<p>NAI Miami negotiated a 5,664-square-foot retail lease at Pinecrest Village Plaza in Miami. The seven-year lease is valued at over $1.6 million. LBU Lighting, also known as Light Bulbs Unlimited, is moving from its current location next door. The move allows the tenant to display its lighting in an open showroom floor.<\/p>\n<h2>Recent Upgrades<\/h2>\n<p>Located at 12455 S. Dixie Highway, Pinecrest Plaza Village is an approximately 32,000-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/ewm-to-lease-miami-intl-merchandise-mart\/\">shopping center<\/a> formerly known as Blockbuster Plaza. The newly renovated property consists of two retail buildings, a free-standing 12,264-square-foot building and a 19,547-square-foot L-shaped structure.<\/p>\n<p>The advisory team led by CEO Edward Schmidt and Senior Vice President Timothy Merriman of NAI Miami worked on behalf of the landlord in the lease negotiations. The shopping center\u2019s tenant roster includes T-Mobile, Subway, Sherwin-Williams and Papa Johns. Situated just off Dixie Highway between Dadeland and The Falls Mall, the property is next to the Village Hall and Evelyn Greer Park.<\/p>\n<p><em>Image courtesy of NAI Miami<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Edward Schmidt and Timothy Merriman represented the landlord in the lease negotiations. The new space provides the tenant with a new open showroom.<\/p>\n","protected":false},"author":240,"featured_media":1004181244,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,1492,21742,21749],"tags":[36281,35784,36280],"class_list":["post-1004181241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-miami","category-latest","category-retail","tag-edward-schmidt","tag-nai","tag-timothy-merriman"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NAI Miami Secures Lease at Pinecrest Village Plaza - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/nai-miami-secures-lease-at-pinecrest-village-plaza\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NAI Miami Secures Lease at Pinecrest Village Plaza\" \/>\n<meta property=\"og:description\" content=\"Edward Schmidt and Timothy Merriman represented the landlord in the lease negotiations. 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