The Real Deal Miami

The Weekly Dish: El Bagel heads to MiMo, Blue Bottle shutters Miami locations & more

Block Capital inks leases for new tenants at Wynwood property on 27th Street
By Katherine Kallergis | February 08, 2019 01:30PM

Rendering of a new steakhouse in Wynwood and Block Capital Group’s property

El Bagel and Oh My Gosh Brigadeiros | MiMo District

El Bagel is opening in a permanent spot in the MiMo District.

The popular food truck concept signed a lease for 1,250 square feet at 6910 Biscayne Boulevard, in a building owned by developer Alex Karakhanian. It’s expected to open as early as May.

Felix Bendersky of F&B Hospitality Brokerage and David Morales of Morales Legal P.A.

represented El Bagel, while Zach Winkler of JLL represented Karakhanian’s 6910 Biscayne LLC. El Bagel signed a five-year lease with options.

Oh My Gosh Brigadeiros also inked a five-year lease at the property, with options, for a 1,250-square-foot space. Bendersky, along with Michelle Gonzalez of Floridian First Realty, represented the Brazilian pastry shop. Winkler represented the landlord.

AT&T is already a tenant at the retail building. Asking rent for the remaining retail space is $45 per foot, triple net, Karakhanian said.

Steak house, crepe cafe and Peruvian restaurant | Wynwood

Block Capital Group secured tenants for the property at 285 and 295 Northwest 27th Street.

A high-end steakhouse run by a Latin American operator is leasing about 4,600 square feet at 285 Northwest 27th Street, said Gaston Miculitzki of BM2 Realty. The restaurant, which could open by September or October, signed a 10-year lease.

Giache Crepes & Art, with 2,500 square feet, is expected to open the first week of March. The crepe cafe will take up about 500 square feet of the space, with the art gallery filling the rest. It signed a five-year lease with a five-year extension option.

D’Cajon, a casual Peruvian restaurant, leased 1,800 square feet of space at the building, Miculitzki said.

Rents average $75 per square foot, triple net, at the property. Bfyne, a Nigerian clothing store, is already open in a 2,200-square-foot space.

Block Capital’s projects include the Bradley, a mixed-use apartment building it’s developing with the Related Group and equity partner Greenstreet Real Estate Partners at 51 Northwest 26th Street in Wynwood.

Blue Bottle | Aventura, Design District

Blue Bottle Coffee is brewing no more in Miami.

The Oakland, California-based specialty coffee shop company is closing its cafes at Aventura Mall and at 3800 Northeast First Avenue in the Design District, according to the Miami News Times.

Blue Bottle has 18 locations in the San Francisco Bay area, 14 in Los Angeles, 13 in New York City, six in Washington, D.C. and three in Boston. CEO Bryan Meehan said the company is focusing on the Northeast and California.

Blue Bottle was also planning on opening at 3034 Grand Avenue in Coconut Grove.