LATEST NEWS

2018
December 19, 2018

Our Year in Review

On reflection, this has been a very exciting year for our company in this ever- changing real estate landscape. We exceeded $205 million in transactions, and with each one, we were one step closer to our overall desire to reinvest capital closer to home in South Florida, something we set out to do over eighteen […]

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December 3, 2018

PEBB Enterprises Welcomes New Appointment

PEBB Enterprises is pleased to announce that Matthew Ellish has joined its growing leadership team as General Counsel & Vice President of Development. In this multifaceted role, Matt will provide legal advice and provide support in all aspects of the development process, including sourcing and financing projects. PEBB President Ian Weiner commented, “We’re thrilled to […]

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December 3, 2018

PEBB Completes Purchase of Remaining Retail at Walden Park in Austin, TX

PEBB  has acquired the remaining 33,636 square feet of the retail development that makes up Walden Park, a regional shopping center in the Cedar Park suburb of Austin, Texas in an off-market transaction. The center was 50% leased when PEBB Enterprises entered into the purchase contract and was 85% leased at the time of closing. […]

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PEBB Enterprises - Shoppes at Isla Verde, Wellington, Florida Retail 1
November 20, 2018

PEBB Enterprises and PEBB Capital Complete $74 million Sale of Shoppes at Isla Verde

The principal owners of PEBB Capital and Pebb Enterprises announced today the completed sale of the Shoppes at Isla Verde in Wellington, Fla. to MetLife Investment Management, for approximately $74 million. Stretching across 22 acres, the Shoppes at Isla Verde was part of a four-parcel land assemblage. After multiple years of work entitling the parcel, […]

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October 31, 2018

PEBB Enterprises Purchases Hunter’s Ridge in Central Ohio

PEBB Enterprises has acquired Hunter’s Ridge, a 93,743-sf shopping center, shadow-anchored by a Kroger Marketplace in Gahanna, Franklin County, Ohio. The property is located along the east side of South Hamilton Road at the intersection with Morrison Road in Columbus Ohio, which is the second largest metropolitan area in the state. The existing tenant mix […]

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October 5, 2018

Redeveloped Sugarcreek Plaza Now 100% Leased

PEBB Enterprises is pleased to announce Sugarcreek Plaza is now 100% leased. Affordable Uniforms is the latest tenant to join the Shopping Center. Sugarcreek Plaza is situated in the heart of the Sugarcreek/Centerville market on Wilmington Pike in Dayton, Ohio. PEBB acquired Sugarcreek Plaza, which was formerly a Cub Foods grocery store, in January 2016 […]

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August 29, 2018

PEBB Purchases Pinnacle Village in Affluent Overland Park, KS

PEBB Enterprises has acquired Pinnacle Village in the dense and affluent Overland Park, KS market, located at the intersection of Blue Valley Parkway and W. 119th Street.  PEBB took title by way of acquiring the non-performing loan and foreclosing on the underlying collateral. The 126,909 square foot neighborhood center features DSW and Michael’s and is shadow anchored by Super […]

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August 20, 2018

PEBB Enterprises welcomes Zachary Speigel to newly created position

PEBB Enterprises is pleased to welcome Zachary Speigel as Acquisitions Associate, a newly created position in the company. Mr. Speigel will focus on detailed acquisition and disposition underwriting/modeling for various asset classes. Additionally, Zachary will have an active role in evaluating deals for PEBB’s strategic joint venture platform which leverages their vertically integrated team and […]

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August 15, 2018

Meet PEBB at ICSC Florida Conference, August 26-28, 2018

Meet Us At ICSC Florida Conference, August 26-28, 2018 PEBB team members lead discussions on topics central to our success! Monday, August 27th – 9:15 am – Pete Crane, Vice President of Acquisitions & Dispositions leads a roundtable discussion on Value-Add Shopping Centers & Development as it relates to the “Emerging Dynamics In Today’s Capital Markets” talk. Monday, August […]

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August 13, 2018

PEBB Enterprises Purchases Gander Mountain Property

PEBB Enterprises has acquired the Palm Beach Gardens property previously occupied by Gander Mountain.  Pebb took title by way of acquiring the non-performing debt and foreclosing on the underlying collateral. The 120,000-square-foot retail building located at 100 Gander Way is situated on 13.2-acres just south of the Northlake Boulevard exit of Interstate 95. “We’re really […]

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PEBB Enterprises - Shoppes at Isla Verde, Wellington, Florida Retail 3
July 16, 2018

News Release:  Sprouts Joins Lineup at Wellington’s Shoppes at Isla Verde

PEBB Enterprises announces Sprouts Farmers Market will join its lineup at Shoppes at Isla Verde in Wellington, FL. Sprouts is one of the fastest-growing retailers in the country offering fresh, natural and organic products at affordable prices. The healthy grocer will announce hiring details and the store opening date at a later time. Sprouts will […]

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June 25, 2018

South Florida Business Journal: 40 Under 40 Class of 2018 Part 2: The next 10 revealed

Congratulations to Ian Weiner – announced as part of the 2018 class of 40 Under 40! The 40 Under 40 Award recognizes young professionals in Broward, Miami-Dade and Palm Beach counties for outstanding success and contributions to their community. They were selected from hundreds of nominations and represent some the region’s most entrepreneurial and influential […]

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PEBB Enterprises - Rivercity Marketplace, St. Louis, Missouri 3
June 21, 2018

Commercial Appeal: BurgerFi, Staks and Five Below coming to Germantown Village Square

Excerpt from Commercial Appeal: Germantown Village Square is getting the fast-casual BurgerFi — owned in part by new Tiger assistant basketball coach Mike Miller — as well as the breakfast/pancake restaurant Staks and a Five Below, the discount retailer focusing on children. The 45-year-old center’s new owner, PEBB Enterprises, announced the future tenants on Wednesday. The Florida-based firm has been […]

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June 18, 2018

NEW JOINT VENTURE PURCHASES ADT’S GLOBAL CAMPUS

A new joint venture partnership between Boca Raton, FL-based PEBB Enterprises and Chicago, IL-based Tortoise Properties has purchased the landmark ADT headquarters property on Yamato Road in Boca Raton, Florida.  The PEBB-Tortoise joint venture purchased the property for $42,050,000.  Currently home to ADT’s global headquarters, the campus-like building boasts 171,489 square feet and is situated […]

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May 31, 2018

News Coverage: The Real Deal – Movers & Shakers

Excerpt:  Pete Crane PEBB Enterprises as vice president of acquisitions and dispositions.  Crane left Noble Properties where he was vice president and director and acquisitions and dispositions. He also previously worked at Franklin Street.  Read more.

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May 24, 2018

News Release: Pete Crane Joins PEBB Leadership Team

PEBB Enterprises is pleased to announce Pete Crane has joined its growing leadership team as Vice President of Acquisitions and Dispositions. Crane will be responsible for sourcing, underwriting, negotiating, and closing new properties while assisting in the disposition strategy of existing assets.  He brings his 12+ years of local and national deal making along with his extensive […]

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PEBB Enterprises - Germantown Square, Memphis, Tennessee Retail 1
April 30, 2018

Memphis Business Journal: Old Navy at PEBB’s Germantown Village Square

Excerpt: By the end of 2018, Gap Inc. plans to open about 60 Old Navy stores — and at least one of those will be in Germantown. Old Navy plans to open a 13,900-square-foot location in Germantown Village Square in June. The move comes as Gap actually plans to add 270 new Old Navy, Athleta, […]

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April 24, 2018

YouTube: Beth Azor Takes PEBB Leasing Team Canvassing

PEBB’s Aaron Zucker and Jake Dugan join another leasing agent out canvassing with Beth Azor and share their success tips.

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April 9, 2018

News Release: PEBB Propels Past $50M in Dispositions in the First Quarter

PEBB Enterprises had a busy first quarter, closing on four separate transactions to four different buyers, totaling over $50 million.  PEBB’s banner quarter included the sale of two successful redevelopment projects, a standalone box in Ohio and a single tenant retail building in Coral Springs, FL. The company has been upfront about its desire to […]

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PEBB Enterprises - Ian Weiner
March 21, 2018

The Real Deal: Pebb Enterprises rebuilds, shifts focus

Excerpt from The Real Deal:  Boca Raton-based real estate investment firm is shifting its focus back to South Florida. The company has been working quietly to rebuild following the devastating plane crash in November 2015. A family run business, Pebb is now selling some of its out-of-state retail properties with plans to acquire office and […]

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PEBB Enterprises - Aaron Zucker
March 12, 2018

Aaron Zucker Talks Candidly About Tenant Site Selection

“Plug & play” days are over You’re  no longer entitled to a Five Below deal because you have TJ Maxx, Ross & Ulta. Just because you have Publix or Sprouts, doesn’t necessarily guarantee you will strike a deal with Great Clips & Palm Beach Tan – nor does that mean they are the highest & […]

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March 12, 2018

News Release: PEBB Sells Single-Tenant Building for $3.45M

PEBB Enterprises has sold a single tenant property in Ft. Lauderdale, currently occupied by City Mattress for $3.45 million. The 7,731 square-foot, freestanding single-tenant building on 1.0 acre, located at 1840 N. University Drive, Coral Springs, was sold to Roblin Properties, LLC and is the second major transaction for PEBB this week, having closed Monday […]

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March 9, 2018

SCT Transactions Roundup: Some of the past week’s more notable retail property transactions

Boca Raton, Fla.–based Pebb Enterprises sold the second phase of Marketplace at Four Corners, in Bainbridge Township, Ohio, for $15.8 million. The 116,400-square-foot shopping center was purchased by RE Ohio Family LLC, a Santa Ana, Calif., real estate investor. The center is fully leased, with Old Navy and Stein Mart among the tenants. Pebb bought the then-empty center in […]

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March 7, 2018

REBusiness Online: PEBB Enterprises Sells Shopping Center in Aurora, Ohio for $15.8M

As published: PEBB Enterprises has sold Marketplace at Four Corners in Aurora, southeast of Cleveland, for $15.8 million. The 116,436-square-foot shopping center is home to tenants such as Stein Mart, Kirkland’s, Torrid, Old Navy, Party City and Gabe’s. PEBB purchased the property in 2013 when it was vacant, and has since made upgrades to the […]

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PEBB Enterprises - Four Corners Marketplace, Aurora, Ohio 1
March 6, 2018

News Release: PEBB Enterprises Finalizes Sale of Cleveland-Area Shopping Center

PEBB Enterprises sells Marketplace at Four Corners “Phase II” to RE Aurora Ohio Family LLC for $15.8 million.  The closing was finalized yesterday. Four Corners is a 116,436 square foot center located in the Southeast Greater Cleveland area and is considered a premier shopping center including national retailers such as Steinmart, Kirklands, Torrid, Old Navy, […]

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PEBB Enterprises Logo
February 7, 2018

South Florida Business Journal: PEBB Enterprises Sold Redeveloped Center

Boca Raton-based PEBB Enterprises sold a 192,000-square-foot redeveloped community center in Cincinnati to Ohio-based Stark Enterprises for $29.1 million. www.pebbenterprises.com. Full article here.

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January 26, 2018

Shopping Centers Today: PEBB Enterprises Sells Center

Boca Raton, Fla.–based PEBB Enterprises sold a 192,000-square-foot, redeveloped community center called 32 East, to Cleveland-based Stark Enterprises for $29.1 million. The center is 100 percent leased and counts Burlington, HomeGoods, Michaels and Ulta Beauty among its tenants

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January 24, 2018

Crain’s Cleveland Business: Stark Enterprises Acquires 32 East

Stark Enterprises of Cleveland announced that it has acquired a community shopping center in Cincinnati for $29 million. The property is 32 East, an open-air shopping center with 192,000 square feet of retail space. The center is 100% leased and includes Burlington, Home Goods, Michaels and Stein Mart on its tenant roster. The center is […]

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PEBB Enterprises - 32 East, Cincinnati, Ohio 5
January 24, 2018

News Release: PEBB Enterprises Sells Ohio Shopping Center for $29.1 Million

PEBB Enterprises announces the sale of 32 East in Cincinnati, OH to Cleveland, OH- based Stark Enterprises for $29.1 million. PEBB acquired the 192,000 square foot center, formerly known as Eastgate Station, in November 2013 with an occupancy rate of 53%.  After significant investment was made in the infrastructure and façade and an expansion of […]

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2017
PEBB Enterprises - Rivercity Marketplace, St. Louis, Missouri 4
December 21, 2017

News Release: Leasing Helps Drive PEBB to Another Growth Year

Boca Raton, FL-based PEBB Enterprises recorded solid growth in 2017 across all its platforms, adding nearly 190,000 square feet of new retail and over 20,000 SF of office in 2017, along with 113,000 square feet of renewals and a relocation. PEBB’s banner year was due in part to their ability to deliver more than one […]

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PEBB Enterprises - Germantown Square, Memphis, Tennessee Retail 1
December 18, 2017

News Release: Germantown’s Only Available Office Space Fronts Highly-Desired Poplar Avenue

MEMPHIS, TN – Boca Raton, FL-based PEBB Enterprises, new owners of Germantown Village Square, offer second floor office space at the premier retail center in Germantown. From 300 to 7,000 square feet, PEBB can offer ‘turn-key’ office space to suit many different sized enterprises at the highly-desired Popular Avenue address.  Currently tenants vary from a […]

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December 5, 2017

Quad City Times: Kimberly Crossing Adds New Tenants

Kimberly Crossing, the revived retail center on Davenport’s Kimberly Road, has announced another three new tenants including a Denver-based wellness company, new to the Quad Cities. Kimberly Crossing’s owner, PEBB Enterprises, said Aspire Fitness will join the lineup along with Once Upon A Child, a gently used children’s apparel store, and Complete Nutrition, a vitamin […]

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November 7, 2017

News Release: Planet Fitness Joins Growing Lineup at Sugarcreek Plaza

Planet Fitness joins the growing line up of retailers at the re-development of Sugarcreek Plaza, situated in the heart of the Sugarcreek/Centerville market on Wilmington Pike in Dayton, Ohio.   PEBB acquired Sugarcreek Plaza, which was formerly a Cub Foods grocery store, in January 2016. After significant investment was made in the infrastructure and façade, […]

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November 7, 2017

News Release: PEBB Attracts Growing Fitness Company to Quad Cities

  DAVENPORT, IA – Boca Raton, FL-based PEBB Enterprises announces new retailers joining the line up at the redevelopment of Kimberly Crossing including Once Upon A Child, Complete Nutrition and Aspire Fitness, a growing Denver-based wellness company. Kimberly Crossing is a 93,000 square foot center located in the Quad Cities area of Iowa and features […]

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October 27, 2017

Specialty grocer no longer in the plans for Lake Murray Boulevard center

Owners of the 62,000-square-foot High Pointe Center at 800 Lake Murray Blvd. and I-26 are no longer seeking a specialty grocer as the company had announced when they acquired the center last November. Instead, the Boca Raton, Fla.-based PEBB Enterprises is seeking a medical tenant for the space once home to a Piggly Wiggly grocery […]

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PEBB Enterprises - 32 East, Cincinnati, Ohio 5
October 11, 2017

News Release: Cincinnati’s 32 East Re-development Opens a Cluster of New Retailers and Expands Footprint

CINCINATTI, OH – (October 11, 2017) – Over the last seven months, Boca Raton, FL-based PEBB Enterprises, has leased close to 100,000 square feet of retail and restaurants at 32 East, a newly renovated regional power center, located in the Eastgate submarket of Cincinnati. The latest national retailer to join the current 32 East line […]

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Columbia Star
October 6, 2017

City Snippets: High Pointe Center Sold

PEBB Enterprises, a Boca Raton, Florida, real estate investment company, has bought the 61,935- square-foot High Pointe Center in Irmo with plans to develop it as a medical use facility. Original Article Published by Columbia Star

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PEBB Enterprises News
October 5, 2017

PEBB’s Eric Hochman Participates in Urban Land Institute Panel

PEBB Enterprises Director of Development Eric Hochman participated in a lively discussion about the future landscape of retail development, presented by the Urban Land Institute (ULI). Questions were raised about the big box stores, shopping centers, malls and main streets – and where they all fit into the future of retail.  Hochman joined other key […]

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PEBB Enterprises - Germantown Square, Memphis, Tennessee Retail 1
October 3, 2017

News Release: PEBB Brings Old Navy Back to Popular Memphis Suburb

MEMPHIS, TX – Boca Raton, FL-based PEBB Enterprises, the new owner of Germantown Village Square, announces Old Navy’s return to the popular suburb of Memphis. The new store is expected to open spring 2018. Old Navy will take over the former OfficeMax space in the 199,629- square foot mixed-use power center which comprises 139,482 square […]

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PEBB Enterprises - Aaron Zucker
October 3, 2017

Press Release: PEBB’s Zucker to Lead Panel at ICSC Southeast

OCTOBER 3, 2017 (ATLANTA, GA).  At this year’s International Council of Shopping Centers (ICSC) Southeast Conference in Atlanta, the focus will be on Changing the Game.  Over 25 roundtable discussions will take place during the deal making event from October 17 – 19, 2017.  Aaron Zucker, Director of Leasing for Boca-Raton, FL-based PEBB Enterprises, will […]

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Old Navy
October 2, 2017

Old Navy announces new location in old OfficeMax space at Germantown Village Square

Old Navy is returning to Germantown — about eight years after leaving the suburb — landing in the former OfficeMax space at Germantown Village Square. “At this time, we can share the store in Germantown Village Square Shopping Center is scheduled to open in March 2018,” Dava Huber, spokesperson for Gap Inc., Old Navy’s parent company, […]

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PEBB Enterprises - Irmo, South Carolina 1
September 25, 2017

Press Release: Irmo, SC Redevelopment Seeking a Medical Use

PRESS RELEASE: IRMO, SC REDEVELOPMENT SEEKING A MEDICAL USE Columbia, SC – (September 25, 2017) – Boca Raton, FL-based PEBB Enterprises, is actively pursing new tenants for High Pointe Center, the newest redevelopment project in Irmo, SC, an affluent suburb northwest of Columbia along Lake Murray Boulevard. PEBB acquired the 61,935 square foot center in […]

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PEBB Enterprises Leadership
September 15, 2017

Real Estate Journal: Thrust into leadership by tragedy, PEBB execs prepare new strategies

Excerpt from South Florida Business Journal Publication Ian Weiner always planned to be among the top executives at his family-owned commercial real estate firm PEBB Enterprises. But a tragic event suddenly made him the company’s leader and robbed him of close friends and family members. “It was a terrible situation,” said Ian Weiner, who was […]

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ICSC Florida Conference & Deal Making | PEBB Enterprises
August 31, 2017

Retail development flourishing in Florida, ICSC conference reveals

Florida retail property remains as hot as the Miami sun. Driven by swelling population and tourism numbers, retail tenants are queuing up to locate in the Sunshine State, assuming they can afford the rent, presenters and conference attendees said at the 2017 Florida Conference & Deal Making, in Orlando, this week. Roughly 80 retailers exhibited […]

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PEBB Enterprises - Fresh Thyme, Davenport
August 6, 2017

Media Coverage: Grocer helps new owners revive Davenport shopping center

The arrival of Fresh Thyme Farmers Market this spring has been part of a healthy turnaround of the Davenport shopping center it now anchors. With new owners, major renovations and the specialty grocer’s opening, the Kimberly Crossing retail center is enjoying an upsurge in tenant interest. The former Spring Village Shopping Center, located at 2100 […]

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PEBB Enterprises - Sugarcreek Twp 1
August 2, 2017

Bed, Bath & Beyond and Buy Buy Baby closer to opening in Sugarcreek Twp.

An opening date has been narrowed down for Bed, Bath & Beyond and Buy Buy Baby in Sugarcreek Twp. A spokesman for the development told this news organization that the two retailers will open at 6134 Wilmington Pike in Sugarcreek Twp. in early to mid-October. Sugarcreek Twp. is located within the Greene County limits. Buy […]

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PEBB Enterprises - Fresh Thyme
May 20, 2017

Press Release: PEBB Enterprises Seeks Transactions and Turnarounds

PEBB Enterprises’  (PEBB) opportunistic investment approach has resulted in eleven transactions in twelve months, including the company’s latest acquisition, the $29M purchase of Germantown Village Square, a mixed-use power center in Memphis, Tennessee.  Schedule an interview with them during ICSC RECON, May 21-23. DEVELOPMENT & LEASING Director of Development Eric Hochman credits strong tenant relations […]

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PEBB Enterprises - Germantown Square, Memphis, Tennessee Retail 1
May 11, 2017

Transactions: Who’s paying how much for what

• The Nakash family and Gindi Capital, of New York City, paid Spectrum Group Management $59.5 million for the Smith & Wollensky building, on Las Vegas Boulevard, in Las Vegas. Besides the Smith & Wollensky steak-restaurant chain, which plans to move out, the building contains other ground-floor retail tenants. • Retail Opportunity Investment Corp. paid […]

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PEBB Enterprises - Germantown Square, Memphis, Tennessee Retail 2
May 5, 2017

PEBB Enterprises Acquires Mixed-Use Center in Memphis for $28M

MEMPHIS, TENN. — PEBB Enterprises has acquired Germantown Village Square, a 199,629-square-foot mixed-use development in Memphis. The Boca Raton, Fla.-based investor purchased the asset from Memphis-based Boyle Investment Co. for $28 million. The purchase of Germantown Village is PEBB’s largest acquisition to date by both dollar amount and square footage. Germantown Village Square features nearly 140,000 […]

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PEBB Enterprises - Germantown Square, Memphis, Tennessee Retail 3
May 4, 2017

Press Release: PEBB Enterprises Makes Its Largest Acquisition

FOR IMMEDIATE RELEASE PEBB Enterprises Makes Its Largest Acquisition PEBB Enterprises announces the recent purchase of Germantown Village Square, a mixed-use power center in Memphis, Tennessee. The $28M purchase makes the transaction the company’s largest acquisition to date. Germantown Village Square is PEBB’s second retail property in Tennessee. The 199,629- square foot mixed-use power center […]

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PEBB Enterprises - Leadership
January 26, 2017

Onward and Upward

Pebb Enterprises’ growth over the past year would be notable even under normal circumstances. The Boca Raton, Fla.–based company — a private equity investor known for turnarounds of distressed shopping centers — managed to court new executive talent even while ramping up its property acquisitions, dispositions and redevelopments nationally. But all its progress is the […]

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2016
PEBB Enterprises - High Pointe Shopping Centre
August 28, 2016

Boca firm bets $4.3M on mostly empty retail center

Boca Raton-based PEBB Enterprises bought a South Carolina shopping center with an 11 percent occupancy rate for about $68 per square foot.  PEBB closed August 23 on its $4.2 million purchase of the High Point Centre shopping center in Irmo, South Carolina, in an off-market deal. The seller  C-III Capital Partners. The 61,935-square-foot property had […]

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