The waterfront retail condo in Icon Brickell that is home to hotspot Mexican restaurant Cantina La Veinte has sold for $18.8 million. The tenant will remain in place with a brand-new 15-year lease. The two story retail condo spans 11,176 SF and is located on the Brickell Baywalk. Fabio and Sebastian Faerman of FA Commercial represented both the buyer and the seller in the off market NNN transaction.
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Wharton Realty Group Acquires Homestead Pavillion Shopping Center For $82 Million
The New Jersey-based Wharton Realty Group has acquired Homestead Pavillion Shopping Center for $82 million from a joint venture including CREC Capital, Highline Real Estate Capital, MMG Equity Partners, and Lubert-Adler Real Estate funds. CREC Capital facilitated the sale of a 298,000 SF retail center located at 2400 NE 10th Ct in Homestead.
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Black Lion Investment Group Acquires Commercial Units In South of Fifth's Marea Featuring RED Steakhouse And KoSushi Spaces
Black Lion Investment Group has acquired an entire block of commercial condo units at the base of the iconic Marea building in the heart of Miami Beach’s South of Fifth neighborhood. The six-story building at 801 South Pointe Drive was originally developed by the famed Related Group and features 30 luxury residential condos atop the commercial units.
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Sadelle's Breakfast Spread
Major Food Group Set To Open NYC-Hotspot Sadelle's In Miami's Coconut Grove This Week
This weekend, Major Food Group (MFG), the creative force behind some of America’s most celebrated restaurants, continues its South Florida expansion with the opening of acclaimed all-day dining institution Sadelle’s in Coconut Grove. The concept, which first opened in downtown Manhattan in 2016, is a lifestyle as much as a restaurant.
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Tricera Capital And 13th Floor Investments Secure Lease With Echelon Fitness to Anchor The Boulevard's Retail Component
Tricera Capital, leading the retail efforts at The Boulevard, finalized a lease with a high-profile on-demand exercise firm to anchor the ground-floor retail component. The Boulevard, a 294-unit luxury apartment building, is being developed by 13th Floor Investments in partnership with both Wexford Capital and Tricera.
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Major Food Group To Open Sadelle's In Coconut Grove At Former Tigertail + Mary Retail Condo Which Just Sold For For $5.5 Million
The Related Group and Terra Group joint venture that developed Park Grove in Coconut Grove has sold two retail condos in Park Grove including the former Tigertail + Mary restaurant space. Major Food Group, the restauranteurs behind Carbone and ZZ Sushi Club, will open their Sadelle’s concept at the former Tigertail + Mary space.
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The CocoWalk Mixed-Use Property Reaches 100% Leased in Miami’s Vibrant Coconut Grove
Less than a year since its reopening, the newly renovated CocoWalk mixed-use property announces its retail and office components are fully leased in Miami’s vibrant Coconut Grove neighborhood. Following an extensive multimillion-dollar renovation, the property now features 150,000 SF of prime retail space and a newly built, 85,745-square-foot office building.
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Sephora, Lucid Motors and Bowlero Sign Leases For 90K SF At Miami Worldcenter
Sephora, Lucid Motors, and Bowlero have become the latest brands to announce leases at Miami Worldcenter, accounting for 90,000 square feet of retail space signed within the last 90 days at the $4 billion, 27-acre mixed-use development in Downtown Miami. The retailers will be located along the open-air shopping and entertainment promenades, and will join a growing roster of brands that recently announced openings at Miami Worldcenter beginning in 2022.
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Miami Design District Appoints New Director of Personal Shopping for the Neighborhood’s Exclusive Shopping Concierge Service, Styled by MDD
The Miami Design District, Miami’s premier luxury shopping Mecca, dedicated to innovative fashion, design, art, culture, architecture and dining, has tapped seasoned fashion maven and celebrity stylist Danielle Merollo to lead the neighborhood’s emblematic personalized shopping and style curating service, Styled by MDD.
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95 Burnett
Miami-Based Private Equity Firm Galium Capital Completes Successful Investment Cycle With Sale Of Two Assets
Galium Capital, LLC, a Miami-based private equity group led by Jacques Bessoudo and Iser Rabinovitz, has announced the sale of two properties, successfully completing the firms first investment cycle. The properties sold include 95 Burnett in Renton, WA, as well as The Shoppes at Lake Mary in Lake Mary, FL.
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