Go Grocer Leases at Fort Lauderdale’s Flagler Village

Go Grocer | Fort Lauderdale

A Chicago high-end supermarket and convenience store will open its first Florida outpost in Fort Lauderdale.

Go Grocer leased 2,500 square feet on the ground floor of the 385-unit Motif apartment building at 500 North Andrews Avenue in the Flagler Village neighborhood, according to a news release from the broker.

Jaime Sturgis and Kaley Tuning of Native Realty represented the landlord. Sarah Adler and Jeremiah Adler, also of Native, represented the tenant.

The grocery store is expected to open late this year, according to Sarah Adler.

The seven-story Motif includes 23,000 of retail space, some of it leased to Livia Bar & Grill, Salon Lofts, BFT Fitness and Dog Drop, the release says.

Pleasanton, California-based Thomas Tomanek & Associates owns Motif. The firm, led by Angelita Tomanek, paid $195 million for the building in 2022, according to records.

Fendi, Jimmy Choo, Manolo Blahnik, more | Miami Design District

The Miami Design District, an upscale shopping, dining and arts area developed by Craig Robins’ Dacra and its partners, scored a slew of tenants.

Fendi, which previously had a space in the district, reopened an expanded store spanning 6,700 square feet at 150 Northeast 40th Street; and Beth Buccini’s Kirna Zabête opened a 3,000-square-foot store at 106 Northeast 40th Street, according to a Miami Design District news release.

FoundRae opened a jewelry store at the Moore building at 4012 Northeast Second Avenue; hair stylists Franck and Leo Izquierdo’s IGK Salon opened at 56 Northeast 41st Street; Jimmy Choo opened at 165 Northeast 41st Street; and John Hardy opened a jewelry store at 40 Northeast 39th Street.

Next on tap is Manolo Blahnik, which will open soon at 140 Northeast 39th Street, according to the release.

The square footage the retailers leased wasn’t immediately provided.

Also already open is Bigface, a new café by Jimmy Butler, at 40 Northeast 40th Street. Maman opened a café at 140 Northeast 39th Street, and sushi house Nami Nori opened at 156 Northeast 41st Street. The Nami Nori owners opened the Miami outpost in partnership with Pharrell Williams. The square footage for the restaurant and two cafés wasn’t immediately provided.

Most of the buildings are owned by an entity tied to Miami Design District Associates, a partnership between Dacra and L Catterton Real Estate, a fund established in 2016 by Catterton, LVMH and Groupe Arnault.

The property at 4012 Northeast Second Avenue is owned by an entity tied to New York-based Force Capital Management, records show.

Olfactory NYC | Miami

Fragrance boutique Olfactory NYC opened in Miami’s Wynwood.

Olfactory, founded by JJ Vittoria in New York in 2017, leased 1,400 square feet at 316 Northwest 25th Street, marking its first Florida outpost, according to the tenant’s news release.

The property is owned by an entity led by Chaim Cahane of Miami Beach-based Forte Capital Management, as well as by Harvey Krasner of New York-based law firm Warshaw Burstein, records show. Jonathan Krasner also is tied to the ownership entity.

Moka Café, Elev8 Fun Indoor Adventure Parks, more | Doral

Simon Property Group scored 11 tenants at its financially embattled Miami International Mall in Doral.

This spring, Brazilian bakery Cake Joy, and Tim Burton and Kawaii-inspired plush toys and games venue Clawz Plushies Playground will open at the mall at 1455 Northwest 107th Avenue, according to a Simon news release. Elev8 Fun Indoor Adventure Parks will open a 110,000-square-foot entertainment complex in the summer, and Freddo gelato store will open in the fall.

Already open are Italian restaurant Buns & Bites; Moka Café; apparel and accessories store Attractions by Brazil in Miami; Rio By Design Beachwear; pop culture store Metropolis International; International Nails II; and International Dental Care, according to the release. The square footage for these tenants, as well as for Cake Joy and Clawz Plushies, wasn’t immediately provided.

Simon’s $160 million loan, secured in 2014 and with a $154.3 million current balance, was transferred to special servicing shortly after maturing in February of last year. The lender and borrower worked out a one-year forbearance at a reduced default interest rate of 2.5 percent, according to Morningstar Credit, which tracks real estate debts’ performances. Last month, Simon elected to use an additional one-year extension option under which the default interest increases to 3.5 percent, Morningstar Credit data shows.

Simon, which owns 303,000 square feet of Miami International Mall’s central portion, saw the property’s value nosedive 59 percent to $159 million in August, from $391 million a decade ago, according to Morningstar.

Simon does not own the five big box stores surrounding the central mall.