TRX | Delray Beach
Fitness and strength training firm TRX will move its headquarters to Delray Beach from San Francisco.
TRX leased a 12,000-square-foot building that will include an office and a gym at 1110 South Federal Highway, according to its news release. A portion of the property will be a filming studio for TRX LIVE and on-demand classes.
The firm will renovate the building and expects to start classes in the fourth quarter, though an official opening date hasn’t been determined, a TRX representative said via email. It plans to hire roughly 40 trainers and other employees to work at the new headquarters.
Ingrid Kennemer of Coastal Commercial Group represented TRX. Drew Schaul and Paul Grossman of CBRE represented the landlord.
Founded in 2004, TRX’s exercises are largely based on Suspension Training straps that allow trainees to use their own body weight to exercise. Last year, TRX founder and Suspension Training inventor Randy Hetrick, along with partner Jack Daly, repurchased the company after having sold a controlling interest. Daly is the new CEO.
An entity affiliated with New York-based ABC Properties owns the property, according to records.
Novo, Banco Master | 801 Brickell | Miami
Nuveen Real Estate scored two new tenants and two lease renewals at its 801 Brickell office tower in Miami.
Business banking firm Novo took 18,500 square feet, spanning the entire 22nd floor; and Brazilian financial firm Banco Master took more than 5,200 square feet on the fifth floor, according to a news release from the landlord’s broker. Also, longtime 801 Brickell tenants Royal Bank of Canada and Charles Schwab renewed their leases for a combined 23,300 square feet.
Stephen Rutchik and Tom Farmer of Colliers represented Nuveen. Ben Sarason and Tony Jones of Cushman & Wakefield represented Royal Bank of Canada. Kevin Columbo and Tyler de la Peña, also of Colliers, represented Charles Schwab.
Miami-based startup Novo, in partnership with Middlesex Federal Savings, is a tech firm that helps small businesses with their financial data, the release says. It offers payment transfers, budgeting, invoicing and e-commerce tracking.
Banco Master rebranded to focus on digital banking in 2021, and also changed its name from Banco Maxima, according to the release.
Royal Bank of Canada, which has roughly 17 million customers in 29 countries, has been an 801 Brickell tenant since 2009. Charles Schwab, based in Westlake, Texas, has been a tenant at the tower since 2018.
The leases come on the heels of Paris-based BNP Paribas bank’s subsidiary BNP Paribas Securities Corporation leasing 7,700 square feet at 801 Brickell for its first Miami office. BNP will open in the fourth quarter.
Other tenants include hospitality mogul David Grutman’s Groot Hospitality’s Komodo Miami restaurant, according to the release.
Nuveen, the investment arm of TIAA, has $156 billion of assets under management. The firm’s Southeast headquarters also is at the 28-story Brickell tower.
Puttshack | Dania Pointe | Dania Beach
Miniature golf and entertainment venue Puttshack leased space at mixed-use Dania Pointe.
Puttshack took more than 25,000 square feet at 1825 Way Pointe Place in Dania Beach, according to its news release. The space will include four nine-hole mini-golf courses, two bars, Puttshack restaurants and a 100-plus guest event venue.
David Emihovich of Katz & Associates and Aaron Huggins of Puttshack represented the tenant.
Chicago-based Puttshack has five venues nationwide, including one at Brickell City Centre in Miami, and four in the United Kingdom, the release says. It plans to open 13 additional venues this year, including the one in Dania Pointe. Joe Vrankin is Puttshack’s CEO.
Kimco Realty is the master developer of the roughly 1 million-square-foot Dania Pointe that spans 102 acres on the northeast corner of I-95 and Southwest 60th Street. Roughly 750,000 square feet of retail, restaurant and entertainment space has been completed, as well as 800 apartments. AC Hotel Fort Lauderdale Airport and Marriott Fort Lauderdale Airport are also open.
Kimco, based in Jericho, New York, owns the property that Puttshack leased, records show. Conor Flynn is Kimco’s CEO.
NeuroSpinal Institute of Broward | Sunrise
Regenerative medicine provider NeuroSpinal Institute of Broward moved its clinic to Sunrise.
NeuroSpinal Institute, founded by Dr. Darran Hamm, now is in a 5,000-square-foot space at 55 Weston Road, according to a news release from the landlord’s broker. It used to be at 2853 Executive Park Drive in Weston.
The institute offers cellular therapy and functional rehabilitation, according to its website.
Christopher Dubberly of CBRE represented the landlord.
An affiliate of Pentaurus, a real estate investment and management firm based in Mountainside, New Jersey, owns the 49,000-square-foot Sunrise building, property records show. It paid $8.5 million for the property in 2019.
HLW | West Palm Beach
Architecture, planning and design firm HLW opened its first Florida office in downtown West Palm Beach.
HLW is at 222 Lakeview Avenue, with the firm’s Robert Thomas leading the office, according to its news release.
Although this is HLW’s first Sunshine State office, the firm has worked on projects here for Univision, Piper Sandler and Subway, the release says.
HLW is based in New York and has offices in Los Angeles, San Francisco and London, as well as in Stamford, Connecticut, and Madison, New Jersey.
The Henry, Miu’s Tea, more | Brickell City Centre | Miami
Four new food and beverage tenants are opening at Brickell City Centre.
Restaurant The Henry will open in June in a 6,600-square-foot space at 701 South Miami Avenue, according to a Brickell City Centre news release. In September, Starbucks will open in a 1,700-square-foot space, and Miu’s Tea in a roughly 600-square-foot space, both also at 701 South Miami Avenue.
Next year, Black Tap Craft Burgers & Beer will open in 4,900 square feet at 701 South Miami Avenue.