January 30, 2017
Women’s Swimwear And Beachwear Boutique Mare Blu Opens at The Colonnade On Fifth In Naples, Florida
Mare Blu, a boutique selling women’s swimwear and beachwear has opened a new store within The Colonnade on Fifth, a 25,000 square foot mixed-use project located at 600 Fifth Avenue in Naples, Florida. This is the second location for the retail concept owned by Alain Rosenbom, joining a site in the Del Ray Beach area. Tara LaRuffa Stokes of IPC represented the Landlord in this transaction.
“The demographics surrounding The Colonnade on Fifth match the profile of our ideal customer, which includes middle-aged women with disposable income. We are extremely confident about our long-term success within this retail environment and believe our retail concept complements the existing tenant mix,” stated Alain Rosenbom.
“Grouping multiple women’s clothing boutiques together in a retail center is an excellent way to brand a particular shopping venue, and create retail synergy” explained Kristina O’Keefe, Leasing Manager for Continental Realty Corporation. “Our tenant mix is comprised of destination-style merchants that are unique to the marketplace. We had interest from many retailers for this space but chose to move forward with Mare Blu because they offer an outstanding and unique product that fits the shopping profile for 5th Avenue.”
Continental Realty Corporation, headquartered in Baltimore and founded in 1960, is a full-service commercial real estate investment and management company. The privately-owned firm owns and manages a diversified portfolio of retail centers consisting of more than 3 million square feet of space, as well as almost 10,000 apartment homes. Positioned throughout the Mid-Atlantic and Southeast regions, the value of the portfolio exceeds $1.5 billion. www.crcrealty.com
April 20, 2017