Garden Ridge to move into Cutler Ridge Mall
Ridge, a Houston-based home decor and crafts chain, will open a
megastore in Cutler Ridge Mall early next year, executives say.
Rosenthal, regional vice president for Grubb & Ellis Management
Services, which has been managing the mall for about a year, said
the firm leased more than 100,000 square feet for its third Florida
is going to be a great store for us," he said. "With homes
accessories, arts & crafts and seasonal decorations, it caters to
the female. This will give them great access to the Cutler Ridge
chain began as a private enterprise in 1979 in Garden Ridge, TX,
a suburb of San Antonio, said Executive Vice President Gary Ramsay.
presently have 33 stores in 13 states and are opening three more
this year," he said. "Most are in Texas, Oklahoma and
Georgia. But we do plan a number of new stores in the Miami area
as well as across the state of Florida."
a Garden Ridge in Jacksonville, he said, and another will open at
Sawgrass Mills in September.
at the South Miami-Dade mall, which has struggled with the rest
of the area since Hurricane Andrew devastated South Dade in 1992,
was reported at just below 85% last month in Sobel's Retail Investment
Report, a monthly market review compiled by Lee Sobel of the retail
investment properties group at CB Richard Ellis. This lease and
a few smaller ones in the works will take the retail center to 97%
occupancy, Mr. Rosenthal said.
see this as a very positive event for South Miami-Dade," said
Paco Diaz, a retail associate at CB Richard Ellis, "one that
may trigger other retailer activity in the area. This area of town
is finally seeing its day."
said the Cutler Ridge Mall is attractive to a retailer of this size
because large empty spaces are scarce in the area.