Business Details
50+ Years
experience
Premier Luxury Retail Development & Management
Since 1965, Whitman Family Development has stood as a pioneering force in luxury retail real estate. Founded by visionary developer Stanley Whitman, our family-owned enterprise redefined shopping center design by creating Bal Harbour Shopsthe worlds first all-luxury fashion destination. Over six decades, weve combined generational expertise with innovative architectural concepts, cultivating a legacy of excellence in high-end retail management and leasing.Our commitment to curating unparalleled tenant experiences and fostering community growth remains unmatched, evidenced by Bal Harbour Shops record-breaking sales per square foot. As industry leaders, we continue to expand our influence through strategic developments, cultural initiatives, and a steadfast dedication to elevating luxury retail environments.
Services
Retail Property Development
Luxury Leasing Services
Property Management
Tenant Curation
Event Hosting
Cultural Programming
Architectural Design
Community Development
Market Expansion
Brand Partnerships
Details
- Year established: 1965
Highlights and features
- Family-owned expertise since 1965 with generational industry knowledge
- Pioneered the world's first all-luxury fashion shopping center
- Curated selection of top-tier global luxury brands and designers
- Record-breaking sales performance with $2,730/sq ft annually
- Community-driven development with cultural and environmental initiatives
Services
Retail Property Development
Specializing in creating high-end retail environments, we design spaces that maximize luxury brand visibility and customer engagement. Our developments feature innovative architectural concepts and lush landscaping to enhance shopping experiences. With Bal Harbour Shops as our flagship project, we set global standards for luxury retail environments.
Luxury Leasing Services
We curate exclusive tenant mixes featuring world-renowned luxury brands and designers. Our leasing strategy maintains high standards while ensuring diverse shopping experiences. From flagship stores to boutique spaces, we create valuable partnerships that drive exceptional sales performance for tenants.
Property Management
Comprehensive management of luxury retail properties includes maintenance, security, and operational oversight. We maintain pristine environments while implementing innovative features like sculpture gardens and floral installations. Our management approach balances commercial success with aesthetic excellence.
People
Randall Whitman
Chairman
Third-generation leader guiding strategic direction for Bal Harbour Shops. Brings decades of retail real estate expertise from family legacy of luxury development.
Matthew Whitman Lazenby
President & Chief Executive Officer
Fourth-generation executive overseeing daily operations and leasing. Combines traditional values with modern innovation to maintain industry leadership in luxury retail.
Benjamin Elias
Chief Operating Officer
Manages operational execution across properties. Ensures seamless implementation of development plans while maintaining high service standards for tenants and visitors.
Questions
What makes Bal Harbour Shops unique?
As the world's first all-luxury fashion center since 1965, we combine premier retail with cultural programming and architectural innovation.
How do you select tenant brands?
We curate a balanced mix of established luxury houses and emerging designers through rigorous evaluation of brand prestige and market demand.
What community initiatives do you support?
We host charity events like Ice Cream We Love and support local improvements including beach restoration and infrastructure development.
How has the company evolved over decades?
From pioneering luxury retail in 1965 to introducing European designers in the 1980s and expanding cultural programming in the 21st century.
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