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Grocers Gung-Ho for South Florida

South Florida Retail

The recession’s been over for a while, but the pent-up demand for retail that it created in South Florida’s still strong, Dockerty Romer & Co’s Bob Dockerty tells us. “Not much was developed for six years, and now we’re not only seeing new projects brought to fruition, there are tenants waiting to take the newly created space,” he says. Bob recently arranged a permanent mortgage loan for a newly completed Trader Joe’s at 855 S Federal Hwy in Boca Raton. That chain has been particularly aggressive in trying to capture market share in South Florida; this is one of four new Trader Joes to open in Palm Beach County recently.