Lease roundup: Avra opening at Harvey Hernandez’s Brickell project
Greek restaurant will have seating overlooking Miami River
Avra Estiatorio I Lofty Brickell I Miami
Avra Estiatorio will open its second South Florida restaurant at Harvey Hernandez’s Lofty Brickell condominium project.
The Greek restaurant will offer a 300-seat main hall and outdoor seating overlooking the Miami River at the planned condo tower at 99 Southwest Seventh Street, across from Brickell City Centre in Miami, according to the developer’s news release. The tenant leased more than 10,000 square feet, with plans to offer a seafood display on ice similar to those common at Greek markets.
Michael Comras and Michael Silverman of the Comras Company brokered the deal.
Avra opened its flagship restaurant on East 48th Street in New York in 2000. Since then, it has expanded to include two additional Manhattan restaurants, one in Beverly Hills and one at THE two-tower Estates at Acqualina condominium in Sunny Isles Beach. Avra is a collaboration among restaurateurs Nick Tsoulos, Nick Pashalis and Marc Packer.
Hernandez, through his Miami-based Newgard Development Group, is developing the 44-story Lofty. The Arquitectonica-designed tower will have 362 units, including 309 condos, ranging from studios to two-bedroom units; and 53 penthouses, ranging from two-bedrooms to three-bedrooms with a den. Penthouse asking prices start at $1.9 million, with some units asking $3.5 million.
The building also will include 40,000 square feet of amenities, a marina and coworking space.
Construction of Lofty is expected to start soon and be completed in the third quarter of 2025. Avra will open shortly after that.
Cresa I Atrium at Broken Sound I Boca Raton
Brokerage Cresa opened a new office in Boca Raton.
The commercial real estate firm, which represents tenants in lease deals, took a roughly 2,000-square-foot office at Atrium at Broken Sound at 6111 Broken Sound Parkway Northwest, according to a Cresa news release. Bob Schneiderman is heading the Boca Raton office, which the brokerage plans to expand with additional hires.
New York-based Alchemy-ABR Investment Partners and Breakers Capital Partners own the nearly 100,000-square-foot Atrium. They paid $22.4 million for the property in 2018. The building was completed in 1986 on 8 acres, according to property records.
Cresa, based in Chicago, closed $160 million worth of deals last year, according to the release. Tod Lickerman is the CEO.
Sentry Data Systems I Hillsboro Center I Deerfield Beach
Health care technology firm Sentry Data Systems will move its Deerfield Beach office.
Sentry Data, an affiliate of Edinburgh, Scotland-based The Craneware Group, will move into a 10,700-square-foot space at Hillsboro Center at 600 West Hillsboro Boulevard in the first quarter of next year, according to a news release from the landlord’s broker. The tenant’s current Deerfield Beach office is at 800 Fairway Drive.
Joseph Freitas and John Criddle of CBRE represented the landlord. Jeremy Hakala and Clay Sidner of Newmark represented Sentry Data.
Grover Corlew, a Boca Raton-based commercial real estate investment and management firm, owns the 118,400-square-foot Hillsboro Center. Mark Corlew and Anuj Grover are Grover Corlew’s principals.
The firm paid $32.5 million for the five-building Hillsboro Center in 2019.