Colliers to Lead Retail Leasing for $1B Miramar Cove
Sunbeam Development Corporation, owner of the 125-acre Miramar Cove, has engaged Colliers to lead retail leasing for the mixed-use waterfront destination now under construction in Miramar, west of Miami and Fort Lauderdale.
Miramar Cove broke ground in May 2026 and will deliver approximately 400,000 square feet of retail, dining, and entertainment space anchored by a 35,000-square-foot grocer, alongside 2,874 residences with a private beach club, 125,000 square feet of Class A office, a 185-key full-service hotel, a boardwalk, and more than 40 acres of parks and trails. At the center of the development is the signature 5.5-acre translucent blue water cove by Blue Mar Basin. The development is being built by Fort Lauderdale-based Stiles Corporation. It will have an expected value of $1 billion at buildout.
The Colliers team leading the assignment includes David Gabbai, Alexie Fonseca and their Orlando-based colleagues, alongside Nicole Fontaine and Jake Horowitz from the firm’s South Florida team.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout