FORT LAUDERDALE, FL – Jaime Sturgis, Founder and CEO of Fort Lauderdale commercial real estate firm Native Realty, continues to be the go-to broker for developers and investors seeking to curate their Flagler Village projects with an exciting mix of retailers and restaurants. In the latest example, ArchCo Residential and Bluerock Real Estate Holdings have retained Sturgis to exclusively market the retail and restaurant space at their significant Motif development in the neighborhood.
Motif, which was formerly known as ArchCo Metropolitan, is a 385-apartment project under construction at 500 N. Andrews Ave. Sturgis is marketing 12,888 square feet of retail and 10,152 square feet of restaurant space on the ground floor of the development. The site spans a full block from North Andrews Avenue to Northeast First Avenue and from Northeast Sixth to Fifth streets.
The North Phase of Motif is scheduled to be completed in January 2020, with the South Phase to follow in April 2020. Motif’s design includes a paseo that will connect North Andrews Avenue to Northeast First Avenue and double as an entertainment venue, with market stalls, outdoor restaurant seating, a 7,396-square-foot public plaza and courtyard.
“Motif is an incredibly exciting assignment for Native Realty,” Sturgis said. “This development is truly going to activate a critical stretch of Flagler Village. It also addresses the pent-up demand for first-class apartments and a retail and restaurant mix to serve the building’s residents and the broader neighborhood.”
The project is the first partnership between Native and the development team
“We have been impressed by Native’s placemaking efforts in Flagler Village and other urban core neighborhoods in Broward County,” ArchCo Residential’s Jason Jacobson said. “The passion and creativity of Jaime Sturgis and his team should result in an exciting group of retailers and restaurants to help carry out our vision for Motif.”
For Sturgis, the Motif assignment underscores how prominent developers and investors who historically would have hired large national real estate brokerages to market their commercial projects are increasingly turning to Native in the Flagler Village area.
Native is also exclusively marketing Fabrick, an adaptive re-use project with 24,000 square feet of creative office, retail and restaurant space at 801-819 NE Second Ave. Major real estate developer and investor BH3 is converting an existing industrial building into the mixed-use Fabrick.
These assignments follow a pair of record-breaking transactions closed by Sturgis in Flagler Village in January 2019. The $13.25 million sale of the Flagler Uptown and Hive mixed-use buildings set neighborhood records on both a price per building square foot and land square foot basis.
These sales were the culmination of his multi-year efforts successfully curating Flagler Uptown and The Hive with a vibrant mix of tenants.
Native Realty is headquartered at 719 NE Second Ave. in Flagler Village.
About Native Realty: Founded in 2017 by pioneering Fort Lauderdale-based commercial real estate broker Jaime Sturgis, Native Realty specializes in leasing and investment sales in the urban core and emerging markets in South Florida. The company’s brokers bring more than 55 years of real estate experience to the region’s market, working with all types of clients from Fortune 500 companies to small businesses. Notable clients have included Coca-Cola, Integra Realty Resources, U.S.A. Parking and many more. Native Realty is headquartered in the heart of Fort Lauderdale’s Flagler Village at 719 NE Second Ave.
For more information, visit www.nativere.com