Colliers South Florida Senior Director Ronald Schagrin represented the tenant in negotiating the long-term lease. Chris Metzger of Cushman & Wakefield represented the lessor.
Senior Managing Director Sal Bonsignore and Executive Managing Director Rod Loschiavo of Colliers South Florida, represented the seller in the transaction with First Industrial Realty Trust.
Robert Listokin with Colliers South Florida represented the seller in the sale of the portfolio totaling 20,820 square feet in Broward County.
The firm will occupy the 24,000 square foot ground floor retail space which was formerly occupied by a grocery tenant and more recently used as a furniture showroom.
Slated to open at the end of summer 2022, guests will enter the genuine prohibition-era themed experience after securing a secret code and dialing it into a restored antique London-style red phone booth at the entrance.
The building is currently 97% occupied.
Colliers’ Mitash Kripalani, Director of Investment Services, represented the seller in the transaction.
Colliers South Florida’s Jonathan Kingsley and Jarred Goodstein represented the landlord and tenant in the transaction.
The buildings, which combined total over 75,000 square feet, range from two to 14 units per property.
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