Commercial Real Estate, Capital, Insurance, Leasing & Management

Restaurants Key To Retail Developers In South Florida

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Franklin Street's Greg Matus moderated the Bisnow State of Retail panel in Miami.

Miami residents’ stomachs are becoming key to the future of the retail experience in South Florida.

“Food is the future,” Terranova Corp. development director Joshua Gelfman said. “Human beings are social animals, and we want to have experiences in public.”

Gelfman said restaurants are key to creating experiences that shoppers crave at shopping centers and in neighborhoods like Lincoln Road.

Locally owned businesses — especially restaurants — have become key to retail real estate in Miami, said CBRE senior associate Danny Diaz, who was part of a Bisnow panel Tuesday that included Franklin Street senior vice president of investment sales Greg Matus, Comras Co. CEO Michael Comras, Kimco Realty president Paul Puma and Plaza Construction president Brad Meltzer. 


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