Stiles Property Management Selected to Manage Sunset Harbour Retail Center in Miami Beach
Posted on 4/8/2020Despite the uncertain retail environment, quality property management remains top of mind for retail owners. Stiles Property Management (SPM), the largest privately-held commercial property management firm in South Florida, announced today it has been selected to manage the dynamic Sunset Harbour retail portfolio in Miami Beach.
Comprised of eight buildings, this 70,011-square foot portfolio of curated retail properties is situated in one of Miami Beach's most historic, exciting neighborhoods. Dating back to 1940 as an industrial hub, this area has evolved into an authentic urban dining and shopping destination in a highly travelled enclave where the Venetian Causeway meets Alton Road.
Stiles General Manager Christine Jarro will oversee the management at Sunset Harbour, which is shadow anchored by Publix, Trader Joe's and The Fresh Market. Other quality retailers include Barry's Bootcamp, Ice Box, Consign of the Times, Modo Yoga, Flywheel Sports, Panther Coffee and many more. The property was acquired by Asana Partners.
"Quality management services remain paramount for owners especially in uncertain times, and we are committed to providing best-in-class management programs that will ensure their properties are cared for throughout this crisis," said Chris Rotolo, president of the division. "As a local firm with 19 million square feet in our portfolio, we take a "hands-on" approach to managing. Through times of crisis, whether it be a national pandemic or weather-related event, our committed response teams are on the front lines and following every protocol to remain safe."
SPM is a division of the 69-year old commercial real estate development firm, Stiles, which is responsible for more than 48 million square feet of development in the Southeast. SPM's award-winning portfolio extends throughout Florida all the way to South Carolina.
The company has won 53 Building Owners and Managers Association (BOMA) TOBY awards since 2010, including the prestigious International TOBY Award for Outstanding Building in 2019. SPM prides itself on its best-in-class service delivered at almost zero cost with the savings provided through its programs outweighing the fees.
In reference to SPM's advantage, Rotolo stated: "We are fortunate to be able to leverage decades of experience as well as the breadth of knowledge at Stiles, which as a company has endured countless market events that pose direct challenges to owners. We have strict protocols in place that allow us to mobilize the moment a crisis occurs, and that can make all the difference for owners with a range of other concerns. Whether you are a private property owner or large institution, our primary goal is to preserve value at the property level under any circumstance, and we are focused on accomplishing that with every project."