“We are laser focused on delivering strong results and maximizing value for our owners, and these awards reflect the dedication and effort our Miami teams invest in their properties,” said Chris Rotolo, president of Stiles Property Management.
The property was acquired as part of Stiles’ recently announced acquisitions strategy, which targets value-add retail properties in Florida. A detailed renovation is scheduled to begin early 2025.
This marks the first OL’DAYS restaurant in Broward County with other locations in Miami and outside of Florida in Nomad and Tribeca, NYC.
The 63,151-square-foot, five-story building is a connected two-volume structure that features large open floor plates housing various components including offices, program space for The Jim Moran Foundation and the Jim Moran Institute, shared event space and archives exhibits. Estimated completion is March 2025.
Stiles new Director of Retail and Commercial Development – West Coast will focus on development opportunities for both ground-up and redevelopment of all commercial property types.
Stiles Senior Vice President Kimberly Barbar represented the seller in the transaction.
The Main Las Olas was developed by Shorenstein Properties LLC and Stiles, two real estate leaders with development track records spanning more than a century.
The company will occupy space on the 20th floor of the property’s world-class Class A office tower.
Senior Vice President Kimberly Barbar is handling the leasing.
Senior Vice President Kimberly Barbar is handling the sale.