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GL Commercial Completes Purchase of Seven Outparcels at the Fountains of Miramar





2/18/2010



GL Commercial, the full-service commercial real estate division of GL Homes, announced today that it has completed the purchase of seven outparcels at the Fountains of Miramar, which is the popular outdoor shopping complex located at the northeast corner of Miramar Parkway and Dykes Road.

With the purchase, GL Commercial acquired four outparcels occupied by JP Morgan Chase Bank, Chick-fil-A, Shell Station and Benihana. GL Commercial will be offering ground leases or build to suits on the remaining three outparcels, which will range in size from 0.6 to 1.35 acres.

"These outparcels have excellent visibility to Miramar Parkway and sit in front of one of the largest shopping centers in southwest Broward with Home Depot, Ross Dress for Less, Office Depot, Marshalls, Pet Supermarket, Panera Bread and Starbucks as the anchor tenants," said Michael Friedman, President of GL Commercial.

For more information on leasing the parcels at Fountains of Miramar, please contact Michael Friedman at (954) 753-1730 or michael.friedman@glcommercial.com.

GL Commercial is a full-service commercial real estate company offering development, leasing and management services on projects throughout South Florida. Working together with GL Homes, Florida's number one residential builder, GL Commercial is currently developing office, retail and mixed-use projects in Miramar, Pembroke Pines and Boynton Beach, Florida. Future developments are anticipated in Palm Beach and St. Lucie counties, and GL Commercial is actively seeking other development and re-development opportunities throughout Florida. www.glcommercial.com













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