Wednesday, January 26, 2011

NNN Florida News on Publix Construction

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Fort Lauderdale, Florida - NNN Florida reports that ground has been broke to develop a new Publix in Fort Lauderdale, Florida. The Deerfield Beach-based SIKON Construction Company has recently started construction on the net lease property with Publix as Tenant. This new NNN Florida Investment Property will cost approximately $5 million. This NNN Florida development will house Publix at The Galleria Mall in Fort Lauderdale.

This new 30,907-square-foot Publix Super Market will be a traditional type Publix, however it will carry the Publix GreenWise Market brand items. Currently, it appears Palm Beach Gardens, beautiful Boca Raton and Tampa Bay, Florida have the new Publix Greenwise Markets. These are also great areas for Cheap Car Insurance Quotes for any type of car or truck.

Florida Construction Company

On an adjoining net lease site last summer, the SIKON Construction Company constructed a new free-standing 1,300-square foot Starbucks Coffee House. This new NNN Florida Publix market is being designed by Fisher & Associates, Inc., from Clearwater, Florida. The new NNN Florida Publix project is slated for completion, if all goes as planned, in July 2011. This Publix commercial real estate in Florida development is at Sunrise Boulevard and was previously a Wild Oats Market. The new NNN Florida Publix market will get the retail foot traffic from the Fort Lauderale area east side and the beach customers in that area.

SIKON Construction, is from Deerfield Beach and Orlando, Florida. SIKON Construction has approximately 1,079,000 square feet of retail projects currently under construction. SIKON Construction now ranks as the largest South Florida 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 SIKON Construction company also built about 2,793,999 square feet of interior space during the past five years including 473,100 square feet during the past year.

SIKON management team is led by Steve Goraczkowski, CEO, and also includes R.E. "Ed" McWhorter, President and Director of Business Strategies, and Dale E. Scott, CDP, Senior Executive Vice President. One of their recent prized net leased properties to be built was mixed-use development in Coconut Creek, Florida. This investment property constructed by Sikon is a new LEED Silver certified, 550,000-square-foot Promenade at Coconut Creek mixed-use development. One of premier Retail Shopping Centers that Sikon built was the first LEED-certified Publix GreenWise store, in Palm Beach Gardens, Florida.

Contact Net Lease Properties to sell your net lease properties, purchase NNN Property or for 1031 exchange replacement property opportunities.

We recommend NNN Florida Investors use financing specialists from Loanrise.com for CTL Financing and Commercial Loans.

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