Lease roundup: Apple opening office in Coral Gables, Greek eatery Kyma coming to West Palm

Plus: A law firm expanded at Amancio Ortega’s Southeast Financial Center

Apple | Coral Gables 

Apple will open an office in Coral Gables, marking the continued expansion of tech companies in South Florida. 

The tech giant took 42,000 square feet at 2811 Ponce de Leon Boulevard, which is the North Tower at The Plaza Coral Gables mixed-use development, according to Cushman & Wakefield’s first quarter office report for Miami-Dade County. Bloomberg first reported Apple’s lease of 45,000 square feet. 

The lease follows Apple’s plans for a store at the $6 billion Miami Worldcenter complex that spans 27 acres at the intersection of downtown Miami and the city’s Park West neighborhood. Apple leased a one-story, 15,000-square-foot building that is under construction at 725 Northeast First Avenue. 

Agave Holdings, the real estate arm of tequila brand Jose Cuervo’s Beckmann family, developed the 2.3 million-square-foot The Plaza Coral Gables on roughly 7 acres on the  southeast corner of Ponce de Leon Boulevard and Sevilla Avenue. The project includes a second office building, the South Tower at 2901 Ponce De Leon Boulevard, as well as a 242-key hotel, 174 apartments and over 160,000 square feet of retail.

Kyma | West Palm Beach 

Greek restaurant Kyma will open its first outpost outside of New York at West Palm Beach’s Banyan & Olive development. 

Founded by Mike Angeliades and Reno Christou, Kyma leased 8,000 square feet on the ground floors at 300 Banyan Boulevard and 111 Olive Avenue, according to the project developer’s news release. Kyma also took 6,000 square feet of rooftop space at 300 Banyan Boulevard. 

The restaurant will open next year as the anchor hospitality tenant at Banyan & Olive. 

Nikki Traff and Maria Mainardi of Colliers represented the landlords. Michael Silverman and Jeff Evans of Comras Company represented the tenant.

Brand Atlantic Real Estate Partners and Wheelock Street Capital are developing the Banyan & Olive project, consisting of the construction of the six-story 300 Banyan Boulevard office building and the renovation of the historic three-story 111 Olive Avenue building. The Banyan Boulevard building will have a seventh-floor lounge. 

Brand Atlantic, based in West Palm Beach, is led by founders Andrew Dance and Adam Demark. Wheelock, which has offices in Boston and Greenwich, Connecticut, is led by founders Rick Kleeman and Jonathan Paul. 

White & Case | downtown Miami 

Law firm White & Case expanded its downtown Miami office lease. 

The firm added 18,100 square feet on the 51st floor of the Southeast Financial Center, where White & Case already leased on the 48th, 49th and 50th levels, according to a news release from the tenant. White & Case also extended its Southeast Financial Center lease to 2034. 

Spanish billionaire Amancio Ortega, founder of the Zara stores, owns the Southeast Financial Center at 200 South Biscayne Boulevard. Ortega, through his Pontegadea investment firm, paid $516.6 million for the 55-story tower in 2016. 

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Venchi, Mango, more | Town Center at Boca Raton 

Simon Property Group’s Town Center at Boca Raton scored six new tenants. 

Italian chocolate store Venchi, founded by chocolatier Silviano Venchi, opened its first Florida outpost at the mall; and Spanish clothing company Mango opened its first Palm Beach County shop at the mall, according to Simon Property news release. 

On tap this spring are women’s clothing store Aritzia, which will open its first outpost in Palm Beach County at Town Center, as well as Alo Yoga, the release says. This summer, British clothing brand Orlebar Brown, which is owned by Chanel, as well as shoes, bags and accessories store, Serena Uziyel, will open. The Serena Uziyel outpost will mark its first store in Florida, the release says. 

Town Center is at 6000 Glades Road. 

Bagels & Co. | Davie 

Bagels & Co. will open at Nova Southeastern University’s Davie campus, marking its third outpost in Broward County.  

The bagel shop leased 1,500 square feet at the university’s Modera Academical Village at 3440 Southwest 76th Terrace, according to a news release from the tenant’s broker. The restaurant will open in the second quarter of next year. 

The deal comes after Bagels & Co., which was founded in Philadelphia and offers Brooklyn-style bagels, leased 2,500 square feet at 1015 Northeast 26th Street in Wilton Manors this year. The bagel shop’s first Florida store opened in 2022 at 21 Southwest Seventh Street in Fort Lauderdale. 

Native Realty, led by Jaime Sturgis, represented Bagels & Co. in the Davie and Wilton Manors deals.  

Ossobuco | Coconut Grove

Restaurant Ossobuco will open its second Miami outpost in Coconut Grove

Hospitality consultant Andres Farid Patiño, the representative for Ossobuco, leased 4,300 square feet of commercial space at the Grove Square condominium at 2801 Florida Avenue in Miami, according to Traded.

Mika Mattingly and Sam Azar of Colliers represented the landlord and the tenant. 

Daniel Levine owns the space where Ossobuco is expected to open in December, according to a Colliers representative. 

Founded by the Aldaz brothers, Ossobuco has most of its restaurants in Argentina. Its other Miami outpost is at 62 Northwest 27th Street in Miami’s Wynwood