Built on Tradition. Driven by Vision.

Ground-up development was where Interface cut its teeth. One of the firm’s early milestones was The Shoppes at Paradise Isle in Destin, Florida, a power center on U.S. 98 anchored by Best Buy, Ulta Beauty, Office Depot, Michael’s, and PetSmart. Completed in 2005 and sold just one year later for $41 million, or $242 per square foot, the deal ranked among the highest-priced retail trades in North Florida at the time.

That same discipline carried into build-to-suit, single-tenant net-leased development. Over five years, Interface completed 35 Murphy USA gas station and convenience store sites across 12 states, each adjacent to a Walmart Supercenter. The portfolio – developed, stabilized, and ultimately sold in 2017 for $53 million – proved the firm could manage dozens of parallel deals across more than 20 municipalities without losing focus (or sleep).

Not every opportunity came shiny and new. In 2017, Interface acquired a portfolio of 23 former Bob Evans restaurant sites – assets most people had already written off. Through creative repositioning and deep tenant relationships, the sites were re-leased to national brands including Panera Bread, Aspen Dental, IHOP, Jason’s Deli, Sheetz, First Watch, and Zoe’s Kitchen. The takeaway was simple: good real estate doesn’t need to be perfect—it just needs someone willing to rethink it.

In late 2019, Interface identified a new opportunity in its own backyard of Boca Raton. The firm purchased a 22-unit former Army barracks, gut-renovated it, and in less than a year, delivered a 50-bed student housing project called The Yard just days before classes started. Soon after, Interface acquired a property across the street, adding another 36 beds. The success of this project served as “proof of concept” and shifted the firm’s focus toward “hairy” deals in the value-add multifamily sector.

That thesis was tested in 2021 with The Andover Club, a distressed 1970s-era multifamily community in Tampa Bay. The property came with a 15% vacancy rate, 26 condemned units, and a 30,000-square-foot retail pad – challenges most investors would shy away from. Equipped with requisite retail and multifamily expertise, Interface new exactly what to do: they replatted the retail component, refinanced the multifamily asset, rebuilt the condemned units, and returned the community to full occupancy in under 18 months, ultimately pushing rents 75% above original levels. Since then, Interface Properties has continued to pursue value-add and distressed multifamily opportunities across Florida, gravitating toward assets with entitlement challenges, physical issues, or operational complexity – the  kind of deals that reward persistence and creativity.

More than 30 years in, Interface Properties hasn’t outgrown its original mindset. The firm remains guided by integrity, curiosity, and a belief that overlooked real estate often holds the greatest upside. From retail power centers to multifamily communities, the story has never been about chasing trends – it’s about rolling up our sleeves, asking better questions, and creating lasting value where others might not bother looking.