Pebb, CP, Agave, Brookfield, Bridge Industrial Nab Tenants
Vertical Bridge, Barcelona Wine Bar | Sundy Village | Delray Beach
Pebb Capital scored 137,000 square feet of retail and office leases at its Sundy Village project under construction on Delray Beach.
Vertical Bridge, an owner-operator of communications infrastructure, will move its headquarters to a 38,500-square-foot space at Sundy Village, at 22 West Atlantic Avenue, according to a Pebb news release. The firm now is based at 750 Park of Commerce Drive in Boca Raton.
Barcelona Wine Bar took 4,900 square feet, and chef and restaurateur Michael Schulson’s
Schulson Collective took 8,800 square feet, the release says. Pebb also will move its headquarters, now in Boca Raton, to a 5,600-square-foot office at Sundy Village.
Joe Freitas and John Criddle of CBRE represented Pebb in the office deals. Sara Wolfe of Vertical Real Estate represented the landlord in the retail leases.
Led by Todd Rosenberg and Todd Benson, Pebb bought the 7-acre development site for roughly $40 million in 2019. The firm is developing 99,000 square feet of offices, more than 28,000 square feet of retail and restaurant space, and a 272-space underground garage, according to the release.
Pebb also will preserve and restore six buildings completed in the early 1900s, including the oldest home in Delray Beach, Sundy House.
Construction started in February and completion is expected in the summer of next year.
Quest Workspaces | Miami Tower | downtown Miami
Flex office provider Quest Workspaces will open at Miami Tower.
Quest leased 40,800 square feet on three floors at 100 Southeast Second Street in downtown Miami, marking the firm’s fifth outpost in Miami, according to a Quest news release.
The co-working firm will open the Miami Tower offices in phases. On Nov. 1, Quest will open on the entire 20th level at the 47-story building. This will be followed with the opening of a 38th-floor space in the spring and then a 37th floor space in early 2025, the release says. In total, Quest will offer 173 offices at Miami Tower.
Founded in 2010 by Laura Kozelouzek, Quest has 12 outposts in Florida and New York.
CP Group, formerly called Crocker Partners, and DRA Advisors bought the I.M. Pei-designed Miami Tower last year for $162.5 million, records show.
Eisner Advisory Group, Trax USA | The Plaza Coral Gables | Coral Gables
Agave Holdings scored six tenants at the North Tower of The Plaza Coral Gables mixed-use development.
Business consulting firm Eisner Advisory Group took 7,700 square feet; aviation maintenance products provider Trax USA took 16,200 square feet; law firm Hinshaw & Culbertson took 21,400 square feet; alcoholic drinks and consumer packaged goods business Diageo North America took 8,600 square feet; wealth adviser W.E. Family Offices took 9,000 square feet; and Marriott International took 2,100 square feet, according to a news release from the landlord’s broker. The North Tower is at 2811 Ponce de Leon Boulevard in Coral Gables.
Blanca Commercial Real Estate represented Agave. Newmark’s Clay Sidner and Mitchell Millowitz represented Eisner and Trax USA, respectively. CBRE’s Shay Pope and Jason Mayo represented Hinshaw and Marriott, respectively. Adam Bernstein of JLL represented Diageo.
Agave, a commercial real estate firm with projects in the U.S. and Mexico, developed the roughly 2.6 million-square-foot The Plaza on 7 acres on the southeast corner of Ponce de Leon Boulevard and Sevilla Avenue. The project includes a second office building, the South Tower. The remainder of The Plaza consists of the 242-key Loews Coral Gables Hotel, 170 apartments, a 2,000-space garage, 165,000 square feet of retail and restaurant space, and a landscaped plaza.
Brightmont Academy | Shoppes at Yamato Corner | Palm Beach County
Private school Brightmont Academy will open at the Shoppes at Yamato Corner near Boca Raton.
The school leased a 4,000-square-foot space on an outparcel previously occupied by a bank at the plaza on the southeast corner of State Road 7 and Yamato Road in unincorporated Palm Beach County, according to a news release from the landlord’s broker. Brightmont Academy is expected to open in the second quarter.
Nicole Fontaine and Leandro Pereira of Katz & Associates represented the landlord. Brian Schmergal and Tara England of Cushman & Wakefield represented Brightmont Academy.
CenterSquare Investment Management, based in Plymouth Meeting, Pennsylvania, owns the building at 19102 South State Road 7, according to records.
Paneuropean Holdings, DigitalEra Group, more | Doral Center | Doral
Banyan Street Capital scored six new leases, two expansions and two renewals at its Doral Center office complex.
In the new leases, vehicle logistics firm AutoPAQ took 1,000 square feet; real estate investment firm Investkas took 1,700 square feet; Interglobal Logistics took 1,800 square feet; accounting firm WXC Corporation took took 2,500 square feet; network and cybersecurity services firm DigitalEra Group took 3,000 square feet; and real estate, energy and oil trading, and shipping investment firm Paneuropean Holdings took 5,900 square feet, according to a news release from the landlord’s broker.
Gordon Messinger and Randy Carballo of CBRE represented Banyan Street.
H.W. Lochner, a transportation infrastructure planning and engineering services firm, now leases over 7,700 square feet, after expanding its Doral Center office by 3,500 square feet. First-Citizens Bank & Trust Company leased an additional 3,400 square feet, bringing its office to 5,500 square feet, according to the release.
St. Jude Children’s Research Hospital renewed its 4,200-square-foot lease, and information technology and engineering services firm Smartronix renewed its 3,100-square-foot lease.
The 290,200-square-foot Doral Center is on the southwest corner of Northwest 36th Street and Northwest 87th Avenue in Doral. Banyan Street and Independencia Asset Management, both based in Miami, bought the office complex for $43 million in 2020.
Marval | South Florida Logistics Center | Miami-Dade County
Maritime transportation and logistics services firm Marval leased space at the South Florida Logistics Center near Miami International Airport.
Marval, based in Chile, opened in a 116,000-square-foot industrial space at Building 6 at 6725 Northwest 36th Street in unincorporated Miami-Dade County, according to a news release from the landlord’s broker.
VSRE, led by Carlos Velasquez, represented the property owner, an entity tied to J.P. Morgan Asset Management. David Spillers of Avison Young represented the tenant.
The lease is part of 350,000 square feet worth of leases signed at the South Florida Logistics Center. The industrial complex, which consists of 1.7 million square feet across nine buildings, is fully leased, according to the release.
All Glass Production | Pembroke Pines
All Glass Production will open this month at the South Florida Distribution Center in Pembroke Pines.
The firm leased the entire 250,000-square-foot Building B at 20351 Sheridan Street, according to a news release from the landlord’s broker.
Matthew McAllister and Chris Metzger were part of the Cushman & Wakefield team that represented the landlord. Alex Bernaldo of Americas Commercial Real Estate represented the tenant.
Denver-based Everwest Real Estate Investors owns the property, records show.
Frito-Lay | Doral
Food distributor Frito-Lay will open an industrial facility at the Bridge Point Doral project that’s under construction.
Frito-Lay leased over 131,000 square feet at Building 6 at Bridge Point Doral on the southwest corner of Northwest 107th Avenue and Northwest 41st Street in Doral, according to a news release from the developer’s broker and media reports. The release didn’t provide the tenant’s name, but the South Florida Business Journal identified the firm as Frito-Lay.
Wayne Ramoski and Gian Rodriguez were part of the Cushman & Wakefield team that represented the landlord. Jeff Hartsook and Adam Talbot of Cresa represented the tenant.
Bridge Industrial, based in Chicago, is developing the 2.6 million-square-foot Bridge Point Doral on 175 acres.
Completion of the first buildings of phase I, consisting of 1.2 million square feet, is expected next year.
Tory Burch | Shops at Merrick Park | Coral Gables
Luxury retailer Tory Burch opened a pop-up store at the Shops at Merrick Park in Coral Gables.
The brand leased space at the three-story mall at 358 San Lorenzo Avenue, where it will remain open through next year, according to a Tory Burch news release.
Brookfield Properties, the North America real estate division of Canadian investment firm Brookfield, owns Shops at Merrick Park.
