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REAL ESTATE NEWS

Suchman Retail for personal attention, national recognition

BY MACADAM GLINN

You would be hard-pressed to find another real estate broker and developer as committed to South Florida as the Suchman Companies, which has been one of the principal players in the explosive growth of Kendall in particular and South Miami-Dade in general.

"The Suchman Companies," said Suchman Retail Group President Larry Suchman, "were founded by my father, Cliff Suchman, who is widely known and highly regarded as the real pioneer in the Kendall-Dadeland area. He was the one who truly recognized that area's potential."

However, it was Larry Suchman who founded Suchman Retail Group, a branch of the Suchman Companies, seven years ago. The Suchman Retail Group was designed to be a boutique firm with very specific goals and an exclusive client list. Suchman believes the company has achieved that goal.

"We really wanted to focus on several things," Suchman said. "Property leasing and management, tenant representation, land acquisition, brokerage, developmental consulting and development itself."

Currently, the Suchman Retail Group owns seven shopping centers and manages two, eight are in Miami-Dade and one is in Boca Raton.

"Our most recent project was the Shoppes at Dadeland," he said, "and it is fairly typical of the type of work that we do. We put the project together, representing a national development group. We got the land package together, did the leasing and served as the development consultants for the project."

Other sites include the Tony Roma's shopping center -- or Dadeland North Center -- at Ludlam and S. Dixie Highway, the King's Bay Shopping Center, the Boca Glades Shopping Center and the Kendall 157 Plaza.

On the tenant representation side, Suchman Retail also works with a veritable who's who of established and up-and-coming retail chains.

"We represent national tenants looking for new store locations," Suchman said. "Right now, for instance, we are focusing on Linens 'n Things, Just for Feet, Old Navy, Barnes and Noble and AMC Theatres."

Suchman, who grew up in the Pinecrest area, seems impassioned when he speaks of the area's assets, particularly so when discussing the value of building retail sites in close proximity to the Pinecrest area.

"Pinecrest is, from a retail standpoint, as good as it gets," he said. "The Pinecrest citizen is the ultimate customer, affluent and active. Retailers want to be in a location that serves the Pinecrest customer, even if it's not necessarily in the Pinecrest proper, which is great for residents and merchants already in the area because that translates into continuing appreciation of real estate values."
Most recently Suchman represented Azhar's Rugs in Pinecrest, which will move into the old Luria's space in the Wild Oats Shopping Center next to the Pet Supermarket on SW 120 St. and US 1.

Suchman said that although Suchman Retail group has worked primarily in Miami-Dade, Broward and Palm Beach in the past, the company has begun to expand into Vero Beach, Orlando, Tampa and Jacksonville.

But, in spite of the expansion, Suchman insists that the company has remained true to the philosophy that from inception has set it apart from competitors.

"We offer a lot of services that national brokerages can't," he said, "being that we're developers as well as brokers. Since we are a small, boutique operation, when companies deal with us they get the benefit of all our expertise, while at the same time deal only with our principals."

To contact the Suchman Retail Group, please call 305-667-6461 or send e-mail to suchmanretail@prodigy.net . Offices are located at 1550 Madruga Avenue, Coral Gables.


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