As a founding officer and President of Fraga Management, Inc. (“Fraga Properties”), originated in January 2000, Albert J Fraga supervises all aspects of internal operations and directs development and conversion activities. Capitalizing on the over 45 years of experience, the Company has grown to become one of the highly regarded operators in the industry and is widely recognized for its ability to deliver quality developments and increased value for its properties.
Fraga Properties’ growth can be traced back to its reputation and relationships. With its continued successful track record, Fraga Properties has built long-term relationships with tenants, lenders, brokers and investors who have all come to rely on its ability to deliver quality and integrity throughout the years. In return, these relationships have enabled Fraga Properties to successfully deliver projects in all kinds of markets and environments.
Fraga Properties is a full service Commercial Real Estate company. While its primary focus is on the development and management of neighborhood retail centers, its extensive contacts in the industry have enabled it to successfully lease, manage, acquire and sell properties throughout the state. The principals’ extensive background in leasing and management, having one time managed over 4,000,000 SF of retail and office space, enables them to recognize what is important for the over-all health of their tenants which in-turn assures the health of their properties. Having been involved with the management, leasing, development and redevelopment of all types of commercial properties, from free-standing fast food to 300,000+ SF power centers, the Principals are well-versed in what it takes to ensure the long term viability of its properties.
With its Corporate office located in Coral Gables, Fl, and additional management office in Fort Pierce, Fraga Properties is well-positioned to continue its growth throughout the southeastern United States.
Albert J. Fraga
Albert is the president and one of the co-founders of Fraga Properties and has been involved in the industry since 1987. Prior to forming Fraga Properties, he worked for 15 years at the FIRC Group, a shopping center management and development company located in Miami, FL.
Albert’s primary role is identifying opportunities, acquisitions, management and leasing. Albert is also involved with construction management, overseeing the project managers for the different developments the company has undertaken. He is involved in the sale of assets and with cultivating the relationships with their investors. He has been involved with over 4,000,000 SF of management, development and redevelopment projects from South Florida to North Carolina.
Albert is a member of the International Council of Shopping Centers and the Latin Builder’s Association. He is a licensed Real Estate Salesman and is a member of the Greater Miami and the Beaches Board of Realtors.
Antonio (Tony) C. Fraga
Tony is one of the co-founders of Fraga Properties and has been involved in the industry since 1983. He is a graduate of the University of Miami, having obtained both his MBA and undergraduate degrees at the University, specializing in Finance and Marketing. Prior to forming Fraga Properties, he worked for 17 years at the FIRC Group, a shopping center management and development company located in Miami, Fl.
Tony’s primary role is identifying opportunities, acquisitions, financing, and working through the entitlement process with local governments. Along with Albert, he is involved in the sale of assets and with cultivating the relationships with their investors. He has been involved with over 4,000,000 SF of management, development and redevelopment projects from South Florida to North Carolina.
Tony is a member and past Chairman of the Miami-Dade Planning Advisory Board, has been a director for Take Stock in Children and the local Board for the Salvation Army. He is a member of the International Council of Shopping Centers, Latin Builder’s Association and is a member of the Greater Miami and the Beaches Board of Realtors. He is a licensed Real Estate Broker and Mortgage Broker.
Director of Real Estate
Ray has been in the Real Estate profession for over 30 years and is fluent in both Spanish as well as English. He is responsible for the leasing of Fraga Properties’ Florida properties as well as the management of Shops of Doral.
Ray’s major accomplishments include the development and lease-up of several new commercial developments in South Florida which were later sold for over $110 million dollars at substantial profit including the above mentioned Miami Airport Center; the Airport Business Center of Miami, a 550,000 square foot industrial project also located in the heart of the west airport industrial area; Bird Ludlam Shopping Center, a 200,000 sf retail project in Miami near the Coral Gables area; Colonial Palms Shopping Center, in the falls area of Miami and several other projects. Ray also co-brokered the leasing of two department stores on second floor locations in Downtown Miami; Marshall’s and Ross Stores, Inc. These were the first department stores to open for business in Downtown Miami in 20 years.
Ray is a Certified Property Manager (CPM), a Certified Shopping Center Manager (CSM) and a Licensed Florida Real Estate Broker.
Milly has more than 15 years of Real Estate experience, since the establishment of Fraga Properties. She is responsible for all Accounting and Financing for the Fraga portfolio as well as the personal Accounting for Mr. Albert Fraga. Milly also oversees the managing of the day-to-day operations and has developed professional relationships with the firm’s clients. She has been with Fraga Properties since 2002.
As a resident of Miami, Milly attended Miami-Dade College, where she earned an Associate Degree in Business Administration. She is also a Licensed Florida Real Estate Sales Associate and is fluent in English, Spanish.