Moxies Restaurant To Open At The Main Las Olas In Downtown Fort Lauderdale
The prime new location marks Moxies’ second restaurant in Florida and sixth in the U.S. as Moxies restaurants continue to gain popularity across the U.S.
The prime new location marks Moxies’ second restaurant in Florida and sixth in the U.S. as Moxies restaurants continue to gain popularity across the U.S.
As South Florida’s markets continue to strengthen from the migration of out-of-state developers, Colliers facilitated the off-market sale of the Himmarshee development site in Downtown Fort Lauderdale. Colliers’ Director Bradley Arendt and Executive Managing Director Mika Mattingly represented both the buyer, Heights Advisors, and the seller, 111 Property Group, in the transaction. “This was a […]
“The property sold for close to $700 per square foot, which is noteworthy for an open-air strip center.”
The project’s sponsors consist of a seasoned development team that has been active in South Florida for decades.
Tony Arellano and Devlin Marinoff are overseeing leasing of the entertainment destination’s available retail, restaurant and office space.
The buyer’s plans include a multifamily development on the site.
The company manages and leases a ±4-million-square-foot, 41-property portfolio throughout the state of Florida comprised primarily of grocery-anchored shopping centers as well as mixed-use and office properties.
They were able to procure the buyer for $395,000 over list price.
The assemblage occupies an entire city block in Fort Lauderdale’s hip Flagler Village neighborhood, located just two blocks north of Las Olas Boulevard in Downtown Fort Lauderdale.
The deals bring the 25-story, 387,402-square-foot “Class A” office community to over 50% leased following its November 2020 delivery.
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