Lease roundup: Ivy Realty, Oren Alexander, Seagis score tenants 

Tech-based logistics firm TransLoop and Ukrainian design studio YoDezeen move their South Florida offices

Ivy Realty's Russell Warren Jr. and Anthony DiTommaso Jr.; 101 Northeast Third Avenue (Ivy Realty, Loopnet, Getty)
Ivy Realty's Russell Warren Jr. and Anthony DiTommaso Jr.; 101 Northeast Third Avenue (Ivy Realty, Loopnet, Getty)

TransLoop | downtown Fort Lauderdale 

Logistics company TransLoop moved its downtown Fort Lauderdale office. 

In March, the Chicago-based firm, which uses artificial intelligence to provide services, opened in a 3,200-square-foot space at 101 Centre at 101 Northeast Third Avenue, according to a company news release. 

TransLoop, founded and led by Nick Reasoner, moved about two blocks north of its previous 1,000-square-foot office at 401 East Las Olas Boulevard, media reports say.

The new office will accommodate TransLoops’ expansion, as the firm projects it will hire about 40 employees this year. 

Brian McDonnell and Bill Sheehy of CBRE represented the tenant. 

Ivy Realty, a real estate investment firm based in Montvale, New Jersey, owns the two-building office complex. It paid $56.3 million for it in 2016. The property consists of a six-story building, and a 21-story building. The latest leases are for the 21-story building.

Russell Warren Jr. and Anthony DiTommaso Jr. founded and lead Ivy Realty. 

YoDezeen | Wynwood | Miami 

Ukrainian design studio YoDezeen will move its Miami office to the Wynwood neighborhood. 

YoDezeen, founded by Artur Sharf and Artem Zverev in Kyiv, will move to a 6,500-square-foot space at 25 Northwest 34th Street, according to the company. The architecture and design firm plans to open the new office, which will be home to roughly 30 employees, during Art Basel in December. 

YoDezeen, which was founded in 2010, now has a Miami office at 5555 Biscayne Boulevard, as well as outposts in Los Angeles, Dubai, Warsaw, Milan and Kyiv. 

Records show that an entity led by top broker Oren Alexander owns the one-story Wynwood office building where YoDezeen will open. Alexander and his brother, Tal Alexander, left Douglas Elliman last year to launch a new brokerage, Official. 

Oren Alexander’s affiliate paid $3.5 million for the Wynwood building in 2021, according to records. 

Hagerty Garage + Social | Little River | Miami 

Hagerty Garage + Social opened a clubhouse and car storage facility in Miami’s Little River neighborhood. 

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Hagerty Garage leased 30,000 square feet at 355 Northeast 71st Street, according to the company. The Little River facility, which can house more than 200 cars, is Hagerty’s third in South Florida. It also has outposts at 777 South Congress Avenue in Delray Beach and at 3215 South Dixie Highway in West Palm Beach. 

Last year, South Florida hosted its first Formula One Miami Grand Prix at billionaire real estate mogul Stephen Ross’ Hard Rock Stadium complex in Miami Gardens. Ross’ Related Companies has a 10-year deal with the F1 organization to host the race. 

The Little River building is owned by an entity led by Pablo de Oliveira and Robert Holston, records show. 

Universal Chilling Systems | Miami Gardens 

Refrigeration equipment provider Universal Chilling Systems leased industrial space in Miami Gardens

Universal Chilling took 11,200 square feet at 5400 Northwest 161st Street, according to the tenant’s broker. 

Jordan Todd of United Realty Group represented Universal Chillers. Michael Waite and James Armstrong IV of The Easton Group represented the landlord, Seagis Property Group. Ronald Marrero of Seagis also worked on the deal. 

Seagis, based in Conshohocken, Pennsylvania, paid $14 million for the 44,800-square-foot building, as well as a portfolio of surrounding industrial properties, in 2007, according to records. 

Ojo de Agua | Coral Gables 

Mexican restaurant Ojo de Agua will open on Miracle Mile in Coral Gables

Ojo de Agua signed a 10-year lease for 3,000 square feet at 219 Miracle Mile. The restaurant will open in the fourth quarter, according to the tenant’s broker. 

David Rothenstein of Beacon Hill Property Group represented the tenant. 

Founded in 2011 in Mexico City, Ojo de Agua opened its first U.S. outpost in 2021 in Miami’s Brickell neighborhood at 851 South Miami Avenue. 

Bassam Taha, founder and chairman of South Florida commercial real estate investment firm   Aynasa Properties, owns the Miracle Mile building. 

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