Lease roundup: Danish furniture chain, mobile bill payment firm lease in Miami’s Wynwood

Fertility research clinic opening at Esplanade at Aventura

Miami /
Mar.March 21, 2022 09:45 AM

The Gateway at Wynwood (R & B Realty Group)

BoConcept I The Gateway at Wynwood | Miami

Danish furniture chain BoConcept will open in a 3,000-square-foot ground-floor retail space in The Gateway at Wynwood.

BoConcept plans to open in the fall. It designs, produces and sells contemporary furniture, as well as accessories and lighting, according to the landlord’s news release.

New York-based R&B Realty Group, led by Aron Rosenberg, completed the 13-story Gateway at 2916 North Miami Avenue late last year. The building has 195,000 square feet of office space and nearly 25,900 square feet of street-level retail.

Alex Cesar of CBRE represented the landlord. Drew Schaul, also of CBRE, represented the tenant.

BoConcept is the first announced retail tenant. The first office tenant to move into the Gateway was OpenStore, a tech e-commerce joint venture backed by Founders Fund and Atomic.

Oncology biopharmaceutical company Veru also leased space at the Gateway.

Play2Pay I Wynwood Annex | Miami

Play2Pay, known for gamifying bill paying, opened its headquarters at the Wynwood Annex office building.

Play2Pay leased 5,200 square feet at 215 Northwest 24th Street in Miami, with plans to hire 25 additional employees in 2022, according to the company’s news release. It opened the office on March 1.

Tyler de la Peña and Stephen Rutchik of Colliers represented Play2Pay in the lease.

The deal comes on the heels of San Francisco-based Brick & Timber Collective buying the Wynwood Annex for $49 million.

The sellers, Jorge Pérez’s Related Group and New York-based East End Capital, completed the eight-story, 65,000-square-foot building three years ago.

Play2Pay, led by founder and CEO Brian Boroff, is a mobile payments platform that allows users to pay their bills by playing games, watching videos or completing other fun tasks, according to the release. Aside from the U.S., it operates in the United Kingdom, Brazil, Mexico and Singapore.

Play2Pay has embraced the hybrid workplace culture, allowing staff members to work from home part-time, and also has designed its new office as a “home away from home” for employees, according to the release.

The new open-floor office offers versatile workspaces, including for collaboration; panoramic views of Wynwood; and a rooftop.

CCRM Fertility I Esplanade at Aventura | Aventura

A fertility research and treatment clinic is opening in an 18,179-square-foot space at Esplanade at Aventura.

CCRM Fertility will open in late 2022 or early 2023 at 19505 Biscayne Boulevard, according to a news release from the landlord’s broker.

Gordon Messinger of CBRE represented Seritage Growth Properties. Matthew Goodman and Iker Belauste of JLL represented the tenant.

CCRM, led by CEO Jon Pardew, has more than 25 locations across the U.S. and Canada, but this will be its first in Florida.

New York-based Seritage, led by CEO and President Andrea Olshan, is developing the 215,000-square-foot, 13-acre Esplanade on a site formerly occupied by Sears at Aventura Mall.

The three-story, open-air project includes a mix of uses and underground parking. Esplanade is expected to open in the fourth quarter.

Amazon I Coral Gables

Seattle-based Amazon.com rented 9,000 square feet in .

Amazon Prime Video and Amazon Web Services employees occupy the space at a WeWork building, according to The Wall Street Journal, which first reported the lease.

Some Amazon staff members are transferring to Miami from Latin America, and Amazon also plans to hire 60 employees, bringing its total in Miami to about 160, according to the Journal.

The Coral Gables site was not disclosed, but WeWork’s website lists two locations in Coral Gables: Giralda Place at 255 Giralda Avenue and at 2222 Ponce De Leon Boulevard.

Phat Boy Sushi & Kitchen I Shoppes of Arrowhead | Davie

Phat Boy Sushi & Kitchen, which offers a modern twist to Japanese cuisine, opened its fifth South Florida location in a 2,913-square-foot space at the Shoppes of Arrowhead in Davie.

Beth Azor, founder and CEO of Weston-based Azor Advisory Services, owns the property at 2451 South University Drive along with investment partners, according to an Azor Advisory spokesperson.

Phat Boy has signature rolls, a selection of ramen dishes and a full bar, according to an Azor Advisory release. The restaurant is known for offering fresh-caught fish.

The deal is one of four that Azor Advisory closed recently for South Florida retail centers owned by Beth Azor and her investment partners.

Family owned and operated DS Dental Care opened in a 1,145 square-foot space, and Evana Nail & Spa is opening in the coming weeks in a 680-square-foot space at Shoppes of Rolling Hills, according to the release. The Shoppes of Rolling Hills is at 2853-2889 South University Drive in Davie.

En Pointe dancewear and pointe ballerina shoes will open in a 1,287-square-foot space at 13081 West Sunrise Boulevard at the Sawgrass Home Design Center in Sunrise.

Industrious I Lincoln Road | Miami Beach

Coworking space provider Industrious will open in a 40,000-square-foot space on Miami Beach’s Lincoln Road.

Industrious is opening this summer at 350 Lincoln Road, according to media reports.

Coworking operator WeWork occupied the space from 2015 until 2020, when it vacated the property amid allegations it owed more than $650,000 in back rent for the site. WeWork notified its members at the 350 Lincoln Road location that it was consolidating its Miami Beach coworking spaces to its other South Beach location at 429 Lenox Avenue.

New York-based The Wings Group, through an affiliate, bought the five-story 350 Lincoln building, constructed in 1946, for $14 million in 2008, according to records.

Industrious was co-founded by CEO Jamie Hodari, and President Justin Stewart. Its website also lists Aventura, Brickell and Wynwood locations.

Tim Schmand, executive director of the Lincoln Road Business Improvement District, said in an emailed statement that the lease marks Miami Beach’s continued “economic diversification” from its traditional use as a tourism and hospitality destination.

Carnival Corporation I Seagis @ Port 95 | Dania Beach

Miami-based cruise line operator Carnival Corporation signed an 8,642-square-foot lease at the Seagis @ Port 95 industrial complex in Dania Beach.

Carnival will use the space at 3402 Southwest 26th Terrace for overflow storage from Port Everglades, according to a release from the landlord’s broker.

Jonathan Thiel and Keith Graves of Berger Commercial Realty/Corfac International represented property owner Seagis Property Group. Clinton Casey and Bill Rotella of Rotella Group represented Carnival.

Seagis @ Port 95 is a two-phase project on 15 acres, according to the release. The first, 142,000-square-foot phase consists of three buildings at 3400, 3402 and 3406 Southwest 26th Terrace, which are now fully leased with the signing by Carnival.

Conshohocken, Pennsylvania-based Seagis bought the buildings in June for $24.6 million, property records show.

Seagis has upgraded the three properties, built in 1992. They offer 4,000-square-foot to 8,000-square-foot units with 20-foot to 21-foot ceiling heights, dock loading wells, ramped loading doors and a store front entrance, the release says.

For the second Seagis @ Port 95 phase, Seagis is developing a fourth 51,100-square-foot industrial building at 3410 Southwest 26th Terrace. It will have 32-foot ceiling height, 15 dock doors, drive-in doors, and an Early Suppression, Fast Response sprinkler system.





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