Lease roundup: Terranova, Codina, Blackstone’s Link Logistics score tenants

Salt & Straw | Lincoln Road | Miami Beach 

Terranova Corporation scored a tenant at one of its properties on Lincoln Road in Miami Beach.

Ice cream shop Salt & Straw signed a seven-year lease for 1,500 square feet at 749 Lincoln Road, according to a Terranova news release. The tenant is expected to open on Friday. 

Portland, Oregon-based Salt & Straw’s has outposts nationwide, including two in Miami at 246 Northwest 25th Street and in Coconut Grove at 3015 Grand Avenue, according to the company’s website. Kim Malek is founder and CEO of Salt & Straw. 

Led by Stephen Bittel, Terranova’s Lincoln Road portfolio consists of seven properties spanning 137,400 square feet, according to the release. The firm is based in Coral Gables. 

Makita Latin America, All Glass Production | Beacon Logistics Park | Hialeah 

Codina Partners and Affinius Capital have fully leased their Beacon Logistics Park in Hialeah. 

Power tools company Makita Latin America took 92,300 square feet and All Glass Production took 232,600 square feet at the industrial campus, according to a Codina and Affinius news release. 

Coral Gables-based Codina and San Antonio, Texas-based Affinius are developing the 1.3 million-square-foot Beacon Logistics Park on the northeast corner of Northwest 107th Avenue and Northwest 145th Place. Codina is led by Armando Codina and his daughter, Ana-Marie Codina Barlick. Led by Len O’Donnell, Affinius previously was known as the partnership between USAA Real Estate and Square Mile Capital.  

Construction completion of the final two buildings at Beacon, buildings C and D, is expected early next year, according to a spokesperson for the landlords. 

The deals come on the heels of several other leases at Beacon Logistics. International freight forwarder Gloval Shipping took 86,600 square feet; All Florida Paper took 226,700 square feet; pet products manufacturer Custom Veterinary Services took 147,800 square feet; Unified Logistics Services took 77,000 square feet; and international food conglomerate Cargill took 70,000 square feet.

Jose Juncadella and Sebastian Juncadella of Fairchild Partners represented the landlords in the deals. 

TrueCoverage | Deerfield Beach 

The South Florida Sun Sentinel subleased a portion of its Deerfield Beach office. 

Insurance marketplace TrueCoverage, which offers coverage from over 600 health insurers, subleased 24,600 square feet at 333 Southwest 12th Avenue, according to a news release from a broker for the Sun Sentinel. 

The over 380,000-square-foot property consists of a printing plant and distribution center, which will remain in operation, and a two-story office portion, a portion of which was in excess for the newspaper and was sublet, Berger Commercial Realty/Corfac International’s Keith Graves told The Real Deal.  

Graves worked with Lawrence Oxenberg, also of Berger, to represent the Sun Sentinel. 

The printing plant prints the Sun Sentinel, New York Daily News, New York Times, New York Post, Wall Street Journal and the weekly Barron’s financial publication, according to the release.

The Sun Sentinel doesn’t own the building but is a lessee. Property records show the owner is Blackstone’s Link Logistics. 

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Tutto Mare | Palm Beach

Restaurant group Tutto il Giorno will open its first Florida eatery in Palm Beach. 

Mediterranean restaurant Tutto Mare leased 8,500 square feet at 70 Royal Poinciana Way, according to a news release from the landlord. The restaurant will have a 200-guest capacity and will open as part of the redevelopment of The Royal Poinciana Playhouse, which is next to The Royal Poinciana Plaza. 

Boston-based WS Development owns the leasehold of the 180,000-square-foot plaza. The property owner is a trust led by Sidney Spiegel, records show. 

Tutto Mare will be the first restaurant in Palm Beach on the Intracoastal Waterway. 

Husband and wife Gianpaolo de Felice and Gabby Karan de Felice, in partnership with Gally and David Mayer, opened their first restaurant, Tutto il Giorno in 2008, the release says. They also have restaurants in New York’s Southampton, East Hampton and Sag Harbor.