Investment Team to Develop Doral Retail Center

Whole Foods Market will anchor a new Doral retail center proposed by SJC Ventures. The company purchased a property at the corner of NW 41st Street and NW 107th Avenue for $32 million to set up the development of the retail center, to be called Doral Marketplace.

Chicago-based Bridge Industrial and Nuveen jointly sold the 10 acres to Atlanta-based SJC Ventures. Michael Finkle of Koniver Stern Group represented the buyer in the deal, while Mark Gilbert of Cushman & Wakefield worked with the seller.

The site plan will incorporate 88,938 square feet of retail space. SJC Ventures said it plans to break ground in fall 2024. Doral Marketplace will be anchored by Whole Foods. Additional tenants will include Shake Shack, First Watch, GoodVets, the Spot Barbershop, Encore Nails, VIO MedSpa and Apizza Brooklyn Resto + Vino.

The site is located within Bridge Point Doral (photo), Bridge Industrial’s 175-acre industrial park that will include 2.6 million square feet of Class A industrial space upon completion in early 2025.