New York Retail Brokerage Enters Florida Market

RIPCO Real Estate is setting up shop across the Sunshine State, its first foray out of the tri-state area.

The retail brokerage hired Anthony ‘Tony’ Pavli, formerly of SITE Centers based in Ohio, as its Florida managing partner last week. RIPCO plans to open two offices in South Florida and two others in Tampa and Orlando, COO Mark Kaplan told Commercial Observer.

RIPCO already counts national retailer Ross Dress for Less and controversial boxing legend Floyd Mayweather’s fitness center as Florida clients, Pavli said.

Details of the expansion still remain vague, and the firm has yet to sign any leases. Both Kaplan and Pavli were unsure how many brokers RIPCO would hire in Florida. To date, Kris Kral and Alison Horbach in Tampa, and Andie Blade in Miami have joined. Blade, a veteran retail broker in the Miami area, has experience at mall operators Unibail-Rodamco-Westfield and Simon Property Group, as well as on the brokerage side.

 

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