NAI Miami Announces Prado Shopping Center is 100% Leased

For Immediate Release

Contact: Edward Schmidt, CCIM

305-938-4000

es******@na******.com

NAI Miami Announces Prado Shopping Center is 100% Leased

MIAMI, FLORIDA – NAI Miami, a member of the world’s premier managed network of commercial real estate firms, announced today that they have successfully leased up The Prado Shopping Center located across from The Falls Mall at the Northwest Corner of US 1 (Dixie Highway) and Southwest 136thStreet in Miami, Florida.

“We are happy to have achieved this accomplishment for our client” stated Edward Schmidt, CCIM and Co-owner of NAI Miami. “Not only is Prado Shopping Center 100% leased, the quality of tenants in the center benefit both the owner and the surrounding community.”

When NAI Miami began leasing the space in 2009, the shopping center had several empty spaces and a lack of strong tenants in between the encap units. “TJ-Maxx, Pier 1 Imports, and Red Lobster have always been strong” said Brandon Weiss who worked with Schmidt in the lease up. “The center needed quality tenants to fill in the middle units.”

Now those tenants include The Keyes Company, Sprint, Sally Beauty Supply, Chana Thai Restaurant, Peter of London, The Nail Lounge, Frame Art, and Falls Dental Care.

The Prado Shopping Center was built in 2002 and is a 55,150 square foot retail strip center with 240 parking spaces.

About NAI Miami

NAI Miami is a commercial real estate organization with the passion, dedication and expertise to realize maximum potential and generate creative solutions for our clients worldwide. Our collaborative services platform provides an expansive, yet nimble responsive structure enabling us to efficiently deliver superior result. To learn more, visit www.naimiami.com.

About NAI Global

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing in excess of over 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global was acquired in 2012 by C-III Capital Partners, a commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, title services and multifamily property management. To learn more, visit www.naiglobal.com.