Jaime Sturgis and Elizabeth Metott
Native Realty (Native), the Fort Lauderdale-based commercial real estate firm led by Jaime Sturgis, brokered a 7,904-square-foot lease at The Adderley, the mixed-use residential development at 501 NW Seventh Ave. in Fort Lauderdale’s Sistrunk neighborhood. The tenant is Sola Salon Studios (Sola), the country’s largest salon suite franchise, with more than 740 locations across the U.S. and Canada.
Native Senior Broker Associate Liz Metott represented The Adderley’s developer, Altis Cardinal, in the transaction.
The Adderley is a recently delivered, amenity-rich residential community offering studio, one, and two-bedroom apartments with workforce housing options. The development’s amenities include a fitness center, resort-style pool, on-site bowling alley, coworking spaces, and ground-floor retail, all situated in the heart of Sistrunk, one of Fort Lauderdale’s most dynamic and rapidly evolving urban neighborhoods.
Founded in 2004 in Denver, Colorado, Sola has grown into the dominant force in the salon suite industry, empowering more than 22,000 beauty entrepreneurs nationwide. Sola provides independent beauty professionals, including hair stylists, estheticians, nail technicians, barbers, and massage therapists, with fully equipped, private salon suites. Rather than working in traditional commission-based salons, Sola’s professionals operate their own independent businesses within beautifully designed studio spaces.
“The Adderley offers residents and the surrounding community an elevated everyday experience, and Sola Salon Studios deepens that,” Metott said. “Bringing in a national franchise of this caliber, one that is specifically built to support independent entrepreneurs, adds energy and vitality to the ground floor that truly complements what Altis Cardinal has created here. It is the right tenant in the right location at exactly the right moment for Sistrunk.”
The lease continues Native’s long-term and impactful presence in the Sistrunk neighborhood. The firm spent years curating major mixed-use developments and brokering significant investment sales transactions in the corridor, partnering with best-in-class developers including Affiliated Development and Fuse Group. Through those relationships, Native plays a central role shaping the commercial fabric of a neighborhood that has seen remarkable growth and investment in recent years.
“This transaction reflects everything we believe about Sistrunk and what this neighborhood is becoming,” Native CEO Jaime Sturgis said. “Liz did a tremendous job identifying a tenant that will add genuine, lasting value to the project and to the community. We are proud to continue driving this neighborhood’s evolution alongside developers who share our vision for what great urban development looks like.”
Shanna Naim of Skyview Real Estate Partners represented the tenant in the transaction.
The latest transaction builds on a banner year for Native. In 2025, the firm generated approximately $350 million in transaction volume and surpassed $1 billion in overall closed volume since its inception.
Based on its current pipeline and market activity, Native is projected to reach $1 billion in annual transaction volume within the next two years.
Native operates from a Fort Lauderdale office that is double the size of its previous headquarters. The 4,000-square-foot office is located at 1926 E. Sunrise Blvd. in the city’s Victoria Park neighborhood.
About Native Realty: Founded in 2017 by pioneering Fort Lauderdale-based commercial real estate broker Jaime Sturgis, Native Realty is disrupting the real estate industry and redefining what it means to be a broker. Sturgis and his team of passionate brokers specialize in leasing and investment sales in the urban core and emerging markets in South Florida. Instead of looking at individual listings and transactions in a vacuum, Native takes a holistic approach to the urban neighborhoods the company’s brokers live, work and play in. The firm is best known for its role curating Fort Lauderdale’s Flagler Village neighborhood, completing more than 1 million square feet in transactions in the last few years. It is now expanding its placemaking efforts to urban core neighborhoods throughout South Florida. Native works with all types of clients, from Fortune 500 companies to small businesses. Notable clients have included Coca-Cola, Integra Realty Resources, U.S.A. Parking and many more. Native is headquartered at 1926 E. Sunrise Blvd. in Fort Lauderdale. For more information, visit www.nativerealty.com.