The site was purchased from Esposito Enterprises Inc., an affiliate of Vinny Esposito, the owner of the staple restaurant Franco & Vinny’s, which will continue to operate on property. There are no current plans underway for redevelopment of the site.
The purchase price was $17 million.
Vice President Michael Carpenter handled the leasing for SRG, a division of the full-service real estate development firm, Stiles. Both restaurants are anticipated to open in March 2021.
The newest team member will help as part of Berger’s investment sales, land brokerage and acquisitions and dispositions services for both corporate clients and private investors.
Maria Mainardi will be based in the Fort Lauderdale office.
The firm will be relocating from its current location at 200 East Broward Boulevard.
The new six-story, precast double-tee concrete building is Miller’s seventh project for Holman Automotive.
“These leases underscore how in the retail world, 2021 is going to be the year of mom-and-pop tenants,” Azor said.
The store totals 58,400 square feet and is situated on 7.8 acres.
The restaurant brings a different dining vibe to a high-profile stage on Federal Highway between Flagler Village and Victoria Park.