Dacar Management

What Dacar Management does

Dacar Management LLC is a privately held commercial real estate development and management company founded in 1980 and headquartered in Dania Beach, Florida. The company acquires, develops, redevelops, leases, and manages retail shopping centers and commercial properties, with all property management, leasing, and development functions handled in-house. Its operating portfolio exceeds 2.5 million square feet of Gross Leasable Area concentrated in South Florida — specifically Broward, Miami-Dade, Palm Beach, Martin, Orange, and Lake counties — with an additional 1.5 million+ square feet in the development pipeline over the next five years.

Dacar generates revenue through three primary streams: recurring rental income from leasing its retail centers to a mix of national anchor tenants (Walmart, Publix, Home Depot, Aldi, Ross, Burlington, Dollar Tree, TD Bank, Chase Bank, RaceTrac) and regional/local tenants; one-time development fees and capitalized project economics from ground-up development and redevelopment of shopping centers (flagship completed projects include The Place At Hollywood and Royal Gardens Plaza, with The Shoppes of Highland and Residences of Highland currently underway); and professional property management services bundled with its owned portfolio. Its go-to-market is direct: an in-house leasing team handles tenant relationships, complemented by external retail brokerage partner Atlantic Retail Properties for major lease-up campaigns, and the firm participates in ICSC conventions. The company also actively acquires stabilized shopping centers (40,000+ sq ft GLA, anchored) and developable land (5+ acres) in South Florida, offering 45-day cash closings as principals with no commission charged.

Dacar's strategic posture emphasizes long-term ownership and tenant alignment — "tenant success equals Dacar success" — supported by an in-house professional team of roughly 11 visible staff across property management, leasing, acquisitions, construction, accounting, and administration. In 2024 the firm extended beyond pure retail commercial real estate with Residences of Highland, its first large-scale residential development, signaling a vertical expansion into mixed-use product. Professional service partners include Kimley-Horn (engineering), Levinson Alcoser Associates LP (architecture), and Joines Law (real estate counsel). The company is founder/management-owned with no disclosed institutional capital, public listing, or parent company.

Name

Dacar Management

Legal name

Dacar Management LLC

Website

https://dacarmanagement.net

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

1–10 employees

Short description

Dacar Management is a privately held South Florida commercial real estate developer and landlord founded in 1980, operating 2.5M+ sq ft of retail GLA and developing an additional 1.5M+ sq ft across South and Central Florida, with national and regional retail tenants.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development and Property Management

NAICS

Nonresidential Property Managers (531312), Rental and Leasing Services (532)

SIC

Real Estate Agents & Managers (For Others) (6531), Land Subdividers & Developers (No Cemeteries) (6552), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Retail Property Management (BPAJAGAB)

akta.pro secondary industries

Retail Real Estate Asset Management (BPAJAMAF), Real Estate Investment Management (Acquisitions & Dispositions) (BPAJAMAK)

Keywords

• Commercial real estate development
• Retail property management
• Shopping center leasing
• Ground-up development
• Property acquisitions

Headquarters

HQ city

Dania

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Commercial Real Estate Leasing: Dacar Management generates revenue through leasing retail and commercial spaces within their portfolio of shopping centers to national, regional, and local tenants. Revenue is derived from rent payments across their existing portfolio of over 2.5 million square feet of Gross Leasable Area.
2. Property Development and Redevelopment: The company develops new retail properties and redevelops existing shopping centers. Development projects add additional GLA to the portfolio, creating new revenue-generating spaces for lease to retailers.
3. Property Management Services: Dacar handles all aspects of property management, leasing, maintenance and management of all assets in-house, which supports the value proposition for tenants and maintains property values.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Dacar Management acquires, develops, redevelops, leases, and manages commercial real estate properties with a long-term ownership philosophy, focusing on shopping centers anchored by national and regional retailers across South Florida. The company handles leasing, maintenance, and property management in-house, operating a portfolio exceeding 2.5 million square feet of Gross Leasable Area with an additional 1.5 million square feet in development pipeline.

Product overview

Dacar Management is a commercial real estate investment and development company specializing in retail properties throughout South Florida. The company operates a unified property management and development platform encompassing existing shopping center portfolios, ground-up development projects, vacant land holdings, and property acquisition services. The portfolio spans over 2.5 million square feet of Gross Leasable Area with additional projects adding 1.5 million square feet in development. Properties include regional shopping centers such as The Place At Hollywood, community centers like Coral Lakes Plaza, and new developments including The Shoppes of Highland and the company's first residential venture, Residences of Highland.

Differentiator

Problem solved

Functional benefit

Brands

• Residences of Highland: A landmark residential development by Dacar, marking their first venture into large-scale residential projects. Located at 3784 W 88th St, Hialeah, FL 33018, comprising four beautifully designed buildings with a state-of-the-art clubhouse for residents.
• The Shoppes of Highland

Products and services

• Commercial Real Estate Leasing Leasing of retail and commercial spaces across Dacar's shopping center portfolio to national, regional, and local tenants, generating rental income across the 2.5M+ sq ft GLA portfolio.
• Ground-Up Development Development of new retail and commercial properties from initial land acquisition through construction to operational status, including projects like The Shoppes of Highland (329,122 SF) and Royal Gardens Plaza.
• Property Management Services In-house management of shopping center operations including leasing, maintenance, tenant relations, and asset administration for Dacar's owned portfolio.
• Property Acquisition Services Acquisition of existing shopping centers (minimum 40,000 sq ft GLA anchored by national/regional tenants) and land parcels (minimum 5 acres with retail component) in South Florida, with cash offerings, professional due diligence, and 45-day closings as principals.
• The Place At Hollywood Regional shopping center at Hollywood Boulevard and US 441 with 84K+ GLA featuring Walmart Super Center, RaceTrac, Ross, Discovery Clothing, Pet Supermarket, TD Bank, and restaurant tenants.
• The Shoppes of Highland 329,122 SF retail development at 3685 W 85th Path, Hialeah, FL, anchored by Publix, TJ Maxx, Five Below, Burlington, and HomeGoods. Currently in development phase.
• Residences of Highland Residential development comprising four buildings at 3784 W 88th St, Hialeah, FL 33018, with state-of-the-art clubhouse amenities, marking Dacar's first venture into large-scale residential projects.

Quantifiable outcome

• The Place At Hollywood development completed with Walmart construction finished January 2016, now occupied almost completely by national retailers including Walmart, RaceTrac, Ross, Discovery Clothing, Pet Supermarket, TD Bank, and restaurants

Named customers24 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered supporting and core.

• Kimley-HornsupportingStrategic or Co-development PartnerEngineering partner providing professional engineering services for development projects. One of several professional partners in specific areas including engineering, architecture, real estate law and retail brokerage.
• Levinson Alcoser Associates LPsupportingStrategic or Co-development PartnerArchitecture partner providing architectural design services for development and redevelopment projects across the portfolio.
• Joines LawsupportingImplementation/ SI/ Consulting PartnerReal estate law partner providing legal expertise for acquisitions, development, leasing, and property management activities.
• Atlantic Retail PropertiescoreChannel Partner/ Reseller/ DistributorRetail brokerage partner handling lease proposals from major national retailers for development projects. Specifically mentioned for The Shoppes of Highland project with contacts Brent Andrews or Dan Lynch at 561-427-6151. Also broker for Jensen Beach - Goldenrod project. The company appreciates their effort and dedication.

Scale indicators3 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• Terranova Corporation: South Florida-focused retail real estate services and investment firm that owns, manages, and leases shopping centers and retail properties. Highly comparable to Dacar given the shared focus on South Florida retail with national/regional tenant rosters.
• The Rava Group: South Florida retail real estate developer and investor active in acquiring, developing, and managing shopping centers. Directly comparable to Dacar in South Florida retail focus and long-term ownership strategy.
• Continental Real Estate Companies: Florida-based retail real estate investment, development, and management firm with a multi-million sq ft portfolio of shopping centers. Comparable to Dacar in scale, geography, and tenant mix anchored by national retailers.

Broad incumbents

• Federal Realty Investment Trust: Public REIT focused on open-air, mixed-use shopping and dining destinations. Comparable to Dacar's mixed-use and shopping-center focus, though operating at substantially larger institutional scale nationally.
• Phillips Edison & Company: Public REIT focused on grocery-anchored neighborhood/community shopping centers. Comparable to Dacar's asset type and tenant strategy, with overlapping competition for Florida retail assets.
• Regency Centers: Public REIT focused on grocery-anchored shopping centers with high-traffic Florida exposure. Directly comparable to Dacar's grocery-anchored portfolio strategy and tenant mix, though operating at institutional scale with public-market capital.
• Kimco Realty: One of the largest publicly-traded retail REITs in the U.S. with a portfolio of open-air shopping centers anchored by national grocers and retailers. Comparable to Dacar at the asset-class and tenant-type level, though at substantially larger institutional scale.
• Brixmor Property Group: Public REIT owning and operating open-air shopping centers anchored by national retailers, with significant Florida presence. Directly comparable to Dacar's open-air shopping center model and tenant relationships.

Regional players

• Foundry Commercial: Privately-held, Florida-based commercial real estate firm active in development, investment, and management of retail, office, and mixed-use properties. Comparable to Dacar as a privately-held Florida retail real estate operator with in-house capabilities.
• Stiles Corporation: Florida-based full-service real estate firm involved in development, leasing, and management of office, retail, and residential properties. Comparable to Dacar's diversified South Florida real estate platform including retail and residential.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/dacarmanagement
• Facebookfacebook.com/dacarmanagement
• LinkedInlinkedin.com/company/hutton-management-services

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dacar Management