Lease roundup: No Man’s Land coming to Miami, Breakwater Hospitality plans HQ

In other deals, Citigroup Center scored Larch Capital Partners and Bazbaz Development as tenants

Hotel Trouvail at 3101 Indian Creek Drive in Miami Beach with Garrett Hospitality Group's Memphis Garrett and CP Group’s Angelo Bianco

Hotel Trouvail at 3101 Indian Creek Drive in Miami Beach with Garrett Hospitality Group’s Memphis Garrett and CP Group’s Angelo Bianco (CP Group, Google Maps, Garrett Hospitality Group)

No Man’s Land | Miami Beach 

Fort Lauderdale cocktail lounge No Man’s Land is expanding to Miami Beach.

Memphis Garrett’s No Man’s Land will open in 2,300 square feet at Hotel Trouvail at 3101 Indian Creek Drive this fall, according to Garrett Hospitality Group’s news release. Garrett, a former Big Brother reality star, founded and leads his namesake hospitality company. 

Garrett Hospitality Group also now is Hotel Trouvail’s food and beverage operating partner. 

Greenbrier Partners owns the five-story, 71-key Hotel Trouvail, according to the release. Built in 1940, the Art Deco hotel is on the National Trust for Historic Preservation’s collection of Historic Hotels of America. 

Larch Capital Partners, Bazbaz Development, more | Citigroup Center | downtown Miami

Citigroup Center in downtown Miami signed four tenants for a combined 50,000 square feet. 

Wealth management firm Larch Capital Partners leased 5,500 square feet at 201 South Biscayne Boulevard. Real estate firm Bazbaz Development leased 5,400 square feet, and hospitality firm Strategic Hotel Funding renewed its lease for 14,500 square feet, according to a news release from Citigroup Center’s owner. 

A fourth unidentified tenant took 22,000 square feet and will be moving from Brickell.

Larch Capital also is moving from Brickell — its current office is at 600 Brickell Avenue. Bazbaz is moving from 2136 Northwest First Avenue in Wynwood. 

CBRE’s Grant Killingsworth represented Larch, and the brokerage’s Randy Carballo represented Bazbaz. Steven Hurwitz and Doug Okun of JLL represented the landlord. 

CP Group and its partners, including Monarch Alternative Capital, own the 34-story, 810,000-square-foot Citigroup Center. CP, formerly called Crocker Partners, paid $262.5 million for the building in 2012, and Monarch bought its stake for $300 million in 2021. 

Breakwater Hospitality Group | Miami 

Breakwater Hospitality Group, which operates The Wharf Miami, will open its headquarters in the Miami River District.  

The firm will open in a 3,800-square-foot space on the ground floor at 340 West Flagler Street, according to company representatives. It’s expected to move by the end of the summer. 

Founded in 2018 by Alex Mantecon and Emi Guerra, Breakwater’s other hospitality concepts include Rivertail restaurant in Fort Lauderdale, and the reopened JohnMartin’s Irish Pub in Coral Gables. 

Breakwater’s headquarters, part of the 32-story Flagler on the River mixed-use building, will include a lounge for its clients and a bar area where the hospitality firm’s employees can experiment with new cocktails. 

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Miami-based Melo Group developed Flagler on the River with 250 apartments, 36,000 square feet of offices and 21,000 square feet of retail, according to the company’s website. Melo still owns the property, records show. 

Morgan Stanley | Palm Beach Gardens 

Morgan Stanley renewed its lease at Financial Center at the Gardens, expanding its office space by 44 percent. 

Morgan Stanley now leases nearly 40,000 square feet at 3801 PGA Boulevard in Palm Beach Gardens, according to a news release from the landlord’s broker. 

Anthony Librizzi and Tara England of Cushman & Wakefield represented the landlord. Jason Gold and Adam Bernstein of JLL represented the tenant. 

New York Life Real Estate Investors, a subsidiary of New York Life Insurance Company, owns the 10-story building. It paid $71.8 million for the property in 2019, records show. 

Play Pals, Palm Beach Speech & OT Specialists | West Palm Beach 

A children’s learning center, as well as a speech and occupational therapy provider, will open outposts in West Palm Beach

Play Pals and Palm Beach Speech & OT Specialists leased the 6,000-square-foot building at 4624 South Dixie Highway, according to a news release from the landlord’s broker. 

Play Pals is an early learning program for children from two to five years old in one-on-one or in group settings. Palm Beach Speech & OT Specialists provides speech therapy and occupational therapy. While Play Pals and Palm Beach Speech are separate businesses, they have common ownership, and their services are geared to complement each other in the new West Palm outpost. 

Honey Bryan of Colliers represented the landlord. An entity led by Steven and Theresa Bakum owns the property, records show. 

Turner Construction Company, Wetherill Associates | Miramar Park of Commerce

A construction management firm and an auto parts manufacturer leased space at Miramar Park of Commerce. 

Turner Construction will move its Miami outpost to a 14,600-square-foot office and industrial space at 2902 Executive Way in Miramar, according to the landlord’s news release. Turner Construction’s Miami office currently is at 7235 Corporate Center Drive. 

Wetherill, or WAI, will move into a 12,000-square-foot space at 2841 Corporate Way in Miramar from elsewhere in the city, the release says. WAI now is at 3300 Corporate Way, but it sold this building in August for $9.9 million, according to records and the company’s website. 

John Marshall of JLL represented Turner in the deal. Jonathan Kingsley of Colliers, as well as Ryan Goggins and Peter Apol of Sunbeam Properties represented the landlord. 

Sunbeam Properties, which developed Miramar Park of Commerce, is affiliated with WSVN- Channel 7 owner Sunbeam Television. Sunbeam is led by the Ansin family.

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