Melbourne, Florida - NNN Florida reports that a Top producing Publix anchored center recently underwent expansion. The Deerfield Beach-based SIKON Construction Company recently completed the new $3 million net lease property with Publix. This Retail Shopping Center, Publix-Anchored is a 45,000-square-foot Store at Windover Square in Melbourne, Florida. This net lease property replaced the prior Publix Super Market. This Florida Net Lease Property was developed by PMAT Real Estate Investments, LLC, Mandeville, Louisiana. This Florida project is located at 2227 W. New Haven Avenue. This was one of many beautiful projects that was designed by Cuhaci & Peterson, from Orlando.
This Publix-anchored Shopping Center has an estimated population in 5 miles of 129,000 people. The Average household income is $55k in this area of Florida. The Median age is 37. Other notable net lease properties in this area are Popeye's Chicken and Red Lobster on out-parcels. This is a Prime location on 1-92 with no other grocery store anchored centers in the area at all. This Publix-anchored Shopping Center benefits from being located just minutes from I-95 and US 1.
The last new Retail Shopping Center with Publix to open in Brevard area, was six years ago in the Cornerstone Plaza in Cocoa Beach. The Publix Grocery Store chain currently has 23 stores and about 3,000 employees across the Space Coast and in Sebastian in Indian River County. The average Publix store employs about 150 people.
SIKON Construction is based in Deerfield Beach and completed the new Publix at Windover Square in Melbourne, Florida. SIKON’s has many longtime clients which include the profitable Publix, Best Buy, Fresh Market, Target Corporation, Whole Foods and Winn-Dixie. Some of these clients are tremendous Tenants for net lease properties.
SIKON Construction, of Deerfield Beach and Orlando, has 1,072,000 square feet of retail projects currently under way. SIKON Construction currently ranks as the largest South Florida-based and 2nd largest Florida-based retail shell contractor according to Retail Traffic magazine’s 2010 Top Contractors (August 2010 issue). SIKON Construction has constructed 1,184,000 square feet of shell space and Retail Shopping Center Projects during the survey year and 8,768,000 square feet in the past five years. The Construction company also built 2,893,000 square feet of interior space during the past five years including 473,100 square feet during the past year.
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