Marcus & Millichap Announces Return Of Experienced Leader As Miami Regional Manager
He will oversee daily brokerage operations, including recruiting, hiring, training and developing agents and staff.
He will oversee daily brokerage operations, including recruiting, hiring, training and developing agents and staff.
The 347,740-square-foot grocery-anchored retail center is situated on over 18 acres and boasts an impressive leasing rate of 98.3%.
The eatery will relocate to the Class A mixed-use office and retail development in early 2025.
Donna Abood, Joe Abood, and Peyton Dowd of Savills have been appointed to market the commercial sale and leasing opportunities for the project.
The retailer will occupy 21,260 square feet at 8508 SW 24 Street in Miami and anticipates opening in fall 2024.
As a boutique firm, Movement CRE stands out by delivering highly personalized, data-driven commercial real estate services that meets the evolving office, industrial, and retail needs for both occupiers and property owners across South Florida.
A significant investment of approximately $12 million—contributed equally by the State, the City, and the Ritz-Carlton South Beach—is being dedicated to enhancing infrastructure, implementing art and landscaping, creating pedestrian-friendly streets to harmonize with the rest of Lincoln Road.
Richard Henry, Mike Ryan, Brian Linnihan, and JP Cordeiro with CBRE Capital Markets’ Debt & Structured Finance represented the borrower, SJC Ventures.
The Miami Beach retail market continues to demonstrate strong fundamentals, with average submarket occupancy currently at 95%.
SJC Ventures, in partnership with Nuveen Real Estate, plans to break ground in fall 2024 on the new development that will comprise an 88,938-square-foot mixed-use center, featuring retail stores, restaurants and service-driven businesses.
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