Market activity also comes as nearly 500,000 square feet of active new-to-market requirements are being tracked across Miami-Dade, according to Blanca’s Q1 Miami Office Market report, signaling a strong pipeline of future demand as companies continue to expand and relocate within the region.
Over the past three years, he has closed more than $100 million in transactions, earning a reputation as one of South Florida’s most active retail investment brokers.
In addition to the office lease, the new tenant will also open a 5,916-square-foot ground-floor restaurant at the property.
The lease transactions are valued at more than $56 million.
Colliers’ Executive Vice Presidents Jonathan Carter and Dave Preston are leading retail and restaurant leasing on behalf of Centtral Aventura LLC.
The triple net lease is for 11,000 square feet.
The landmark project will feature 64,000 square feet of curated restaurant and retail space, 382 luxury apartment residences, high-end amenities and a pedestrian-oriented streetscape designed to anchor the Northwood Village corridor.
The 8.25-acre property includes a 41,981-square-foot educational facility overlooking Clear Lake.
The Colliers South Florida office leasing team, led by Senior Vice President Darcie Lunsford, has been chosen to handle leasing and marketing of the 137,000-square-foot, all-glass midrise.
Colliers’ Vice Chair Stephen Rutchik and Vice President Tom Farmer represented ownership in the transactions.
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