HNTB, Ready Mortgage Lenders, More | Waterford Business District | Miami-Dade County
The Waterford business district near Miami International Airport welcomed five new tenants and seven lease renewals.
Engineering firm HNTB will move from its downtown Miami office to a nearly 26,000-square-foot office in Waterford in the fourth quarter, according to a release from the landlord’s brokerage. HNTB’s current offices are located at 161 Sixth Street NW.
The Blanca Commercial Real Estate team, led by Juan Ruiz and Andres del Corral, represented landlords Nuveen Real Estate and Allianz Group. The brokerage is led by founder and CEO Tere Blanca.
Other new tenants include 5,500-square-foot Ready Mortgage Lenders and 3,000-square-foot luxury concierge provider John Paul USA.Both are expected to open this summer. In the third quarter, Prudential will open a 3,800-square-foot office and the Miami Herald will open a 5,800-square-foot office, according to a press release.
Toyota Tsusho America, which provides supply chain and other services to industries including auto and agribusiness, renewed an 8,800-square-foot lease in Waterford. Other updates include 5,100 sq ft for Alca Trading, a producer and supplier of tropical fruit products; 4,300 sq ft for Diaspora Talktime; 4,000 sq ft for Bristol hospice; 2,600 sq ft for healthcare technology company CareCloud Health; 3,700 square feet; Terra Flowers Miami is 3,600 square feet, according to a press release.
Tenant Brokers include: David Browne, Savills, HNTB, Adam Talbot, Cresa, Ready Mortgage, Grant Killingsworth, CBRE, John Paul and Alca Trading, Chris Toth, JLL, Prudential, Danet Linares, Blanca Commercial, Miami Herald, Tony Jones from Cushman & Wakefield at Toyota Tsusho, Ana Paula from Colliers at Diaspora Talktime and Terra, Connor Cella from Pope Corporation in Bristol, Adam Bernstein from JLL at CareCloud and Andrew Easton, Jamaica Tourism Board (Easton & Associates).
Allianz and Nuveen own approximately 1.7 million square feet of the 3 million square feet Watford Located on 250 acres south of the Dolphin Highway in unincorporated Miami-Dade County.
Churches & Unions | Miami Beach
Church and Union restaurant will open its first Florida location in South Beach late next year.
Church and Union, part of the 5th Street Group, has leased a 10,000-square-foot space at 745 Collins Avenue that can seat 200 guests, according to a news release from the restaurant. The restaurant offers new American and international cuisine.
Its other outpost is in Charleston, South Carolina. Charlotte, North Carolina; and Nashville, Tennessee. A restaurant is also planned to open in Denver.
The 5th Street Group is led by Patrick Whalen, with partners including Alejandro Torio, and chefs Jamie Lynch and Adam Hodgson.
Atlanta-based real estate investor and manager Jamestown owns the 13,400-square-foot, two-story Collins Avenue commercial building. The company paid $24.8 million in 2015, according to property and state corporate records.
Central Rock Gym | Wynwood | Miami
Climbing gym and fitness center Central Rock Gym will open its first South Florida location near Wynwood, Miami.
Central Rock Gym has leased 10,200 square feet in The Gateway at Wynwood building at 2916 North Miami Avenue, according to a news release from the landlord’s brokerage. The gym will open in the first quarter of next year. Coral Rock has more than 20 gyms, including one in Tampa and an upcoming gym in Orlando.
New York-based R&B Realty Group, under the leadership of Shelby Rosenberg, will complete the 13-story Gateway in 2021. The building has 195,000 square feet of office and nearly 26,000 square feet of retail space, all of which are leased.
CBRE’s Alex Cesar and Drew Schauul represent R&B. Daniel DePasquale and David Eggnatz of Katz & Associates represented the tenants.
Flores Pure Wonder, fresh mangoes and more | Coral Plaza Shopping Center | Coral Springs
Simon Property Group’s Coral Square mall has nine tenants open, with eight more planning to open stores.
The mall is located at the mall at 9469 West Atlantic Avenue in Coral Springs.
According to reports, stores that have opened include womenswear boutique Flores Pure Wonder, juice bar Fresh Mangos, accessories store FXA, children’s clothing and accessories store Limonada, luggage2U, anime collectibles store Lifenime, optical store Eye Center Boutique, Brilliance Jewels and Beyond Nails & Spa. Simon press release.
Next, Pelokitos, a children’s hair salon and toy store, and Miniso, a home and consumer goods retailer, will open later this year.
Tenants opening next year include JC Salon Suites, Argentinian steakhouse The Knife, Victoria’s Secret, Juan Valdez Columbian Coffee, Cinnabon and JD Sports.
Triton Logistics | Countyline Business Park | Hialeah
Triton Logistics pre-leased an industrial building under construction in Hialeah’s Countyline Corporate Park.
According to a press release from the developer, the logistics service provider will fully occupy Building 41, located at 3621 West 112th Plaza, with 192,000 square feet. The building is part of Phase 4 of Countyline Corporate Park, which is expected to be completed in the third quarter.
Miami-based VS Real Estate, a start-up commercial real estate firm, is developing Building 41 and other Phase 4 buildings on behalf of Terreno Realty. Terreno has offices in San Francisco and Bellevue, Washington, and owns the 121-acre Countyline Corporate Park, which will be developed into Phase 4.
The fourth phase of the $493 million project will develop 10 buildings totaling approximately 2.2 million square feet on 121 acres, according to a news release. Last month, VSRE began development on Buildings 39 and 40, totaling 364,000 square feet.
The entire fourth phase is expected to be completed by 2025.
VSRE’s Carlos Velasquez represented Terreno in the Triton deal. Frank Trelles of State Street Realty represented the tenants.
