Stiles Retail Group (SRG) Vice President Mike Carpenter handled the leasing for SRG, a division of the full-service real estate development firm, Stiles. The restaurant, which will occupy 2,136 square feet including an outdoor seating area, is slated to open in October.
The transaction marks the third sale for Conness Crissy Realty in the South Broward market within the last 9 months, totaling over $15 million in transaction volume.
Canopî will feature a variety of restaurant and entertainment concepts and a mix of retail and creative offices.
The renowned international soccer program, which is affiliated with the prominent Italian professional club Juventus F.C., is set to open a nearly one-acre facility within the third phase of Atlantic Village.
The plaza totals 11,975 square feet.
The JLL brokerage team of Katie Fernandez-Espinosa, Vice President of Retail Advisory Services, and Rafael Romero, Senior Vice President of Retail Advisory Services, will be spearheading the retail and office leasing at the property on behalf of the ownership group Dubner Properties.
“With the vaccine gaining more traction each day, companies are feeling more confident about executing on their growth strategies,” said Azor. “We are now backfilling space vacated during the pandemic with tenants who are willing to make long-term commitments.”
The project will include 1,300 apartments, office and retail, and possibly a hotel.
The lease deals are an indication that the South Florida retail market is bouncing back faster than expected from the dark days of the pandemic, according to the landlord.
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.