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Tamaya Market, anchored by Sprouts Famers Market, announces more retail

Colliers International Northeast Florida works with Harbour Retail Partners to facilitate leasing opportunities

Tamaya Market developers are taking advantage of the trade area at northeast Beach and Kernan boulevards, where demographics show almost 172,000 people within 5 miles at a median income of almost $62,000.

Within a mile, the 10,000 residents earn a median household income of $79,062, according to marketing materials by Colliers International.

The center anchors the entrance to the 780-acre Tamaya development by ICI Homes where 350 homes are occupied and 2,400 are planned at prices from $300,000 to more than $1 million.

The site is across Beach Boulevard from Kernan Square, anchored by Publix Super Markets Inc. and Jacksonville Golf and Country Club with 919 homes. 

To be anchored by the area’s second Sprouts Farmers Market, the Tamaya Market retail center is lining up more tenants that include Heartland Dental, Regal Nails, and First Florida Credit Union.

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Nancy Sumner and Katy Figg, of Colliers International Northeast Florida, are facilitating the leasing of the inline space and out parcels for the center.

“We were attracted to the site because of the massive residential growth in the immediate area,” said Randy Kelley, founding principal of developer Harbour Retail Partners. 

Tamaya Market is designed as a 75,000-square-foot shopping center. In addition to the grocery store and adjacent shops on each side totaling about 54,000 square feet, another 21,000 square feet will be developed among the three outparcels. Sprouts Farmers Market is expected to open early next year.

Source | Jax Daily Record 


Related Experts

Nancy Sumner

Senior Director

Jacksonville

I most recently served as a North Florida market Partner and Senior Leasing Advisor for The Shopping Center Group, where I  managed 40 properties totaling more than 7.5 million square feet of retail space.  I have  over 12 years’ experience in landlord representation and lease negotiations in retail services to grow Colliers International
Northeast Florida’s landlord services. I specialize in neighborhood shopping centers, ground-up, mix-use retail, grocery-anchored and redevelopment projects through a meticulous understanding of the surrounding trade areas giving landlords analysis of the voids within the submarket to attract new retailers.


 

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Katy Figg

Senior Director

Jacksonville

Sumner-Figg Team

Katy Figg and Nancy Sumner, Senior Directors of Colliers Northeast Florida, are consistent in providing real results for their clients with their dynamic approach to Landlord representation. Katy and Nancy are the sole retail brokerage team in the region exclusively dedicated to Landlord leasing, supported by a multi-faceted international firm that offers a range of services to benefit their diverse portfolio.

The team’s concentration in this niche provides their clients with invaluable resources and unparalleled expertise.  Their experience extends to engaging across all phases of ground-up, mixed-use retail, and redevelopment projects. Katy and Nancy’s portfolio of 2.5 million square feet consists of grocery anchored and power centers, boutique retail, and mixed use developments. The team has a comprehensive approach to marketing a project, including an in-depth understanding of the trade area and competition, creating a an intentional merchandising plan to deliver the highest and best uses that incentivize cross- shopping between retailers, and developing strategic target list using void analysis, retail marketplace profiles, along with several other Colliers resources.

Katy and Nancy continue to grow their revenue along with their portfolio year over year; in 2021 the team closed 56 deals with a transaction total of over $31m, with over 113,000 square feet leased and over 212 acres sold. Both Nancy and Katy have been active members of ICSC for over 15 years, are consistently named Costar Power Brokers, and have provided their expertise in a number of media articles focused on commercial real estate in North Florida. 


 

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