Equinox | Fort Lauderdale
Equinox will open its first Broward County gym at the planned Ombelle Fort Lauderdale luxury condo project.
The fitness center preleased 35,000 square feet at 300 Northeast Third Avenue in Fort Leaderdale, according to a news release from Ombelle’s developer. The site is near the Flagler Village neighborhood.
Brooklyn-based Dependable Equities plans the pair of 43-story Ombelle towers with 775 condos, combined. Dependable is led by Isaac Schlesinger and Rabsky Group co-owner Simon Dushinsky. It launched sales in October. Prices range from the $400,000s to about $5 million.
Construction is expected to start late this year and be completed in 2028, according to a Dependable representative. Talks with lenders are ongoing, but a construction loan has not closed.
Equinox is expanding in South Florida, with plans to make the tri-county region its biggest market after New York and Los Angeles. It expects to open a 50,500-square-foot gym at BH Group, Pebb Enterprises and Related Group’s Office Depot headquarters redevelopment at 6600 North Military Trail in Boca Raton. In Miami, Equinox preleased 30,700 square feet at Oak Row Equities’ planned mixed-use multifamily projects at 2600 Biscayne Boulevard in Edgewater.
Also on tap is a 35,000-square-foot Equinox at Related Ross’ 575 Rosemary Avenue building in West Palm Beach.
Marcum, ALTi Tiedemann Global and Baycrest Partners | Coral Gables
The Plaza Coral Gables’ office space is fully leased after scoring three tenants.
Accounting firm Marcum leased 9,600 square feet at the office building within the mixed-use Coral Gables project, according to a news release from the landlord’s broker.
Wealth manager ALTi Tiedemann Global leased 6,000 square feet, the release says. The firm will move in the coming months from its office at 1111 Brickell Avenue in Miami, a source said. CBIZ acquired Marcum in November.
Also, securities broker-dealer BayCrest Partners will move into a 1,800-square-foot office at The Plaza on May 1 from its space at 1001 Brickell Bay Drive in Miami, according to Newmark’s Max Rossi, who represented the tenant.
Carlyle Coffin of Stream Realty Partners represented Marcum, and Thomas Haughton of CBRE represented ALTi.
Danet Linares and Andres del Corral of Blanca Commercial Real Estate, led by Tere Blanca, represented the landlord.
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 the office building at 2811 Ponce de Leon Boulevard, which is where the three new tenants leased, as well as the South Tower office building at 2901 Ponce De Leon Boulevard. It also has the 242-key Lowes Coral Gables Hotel, 65,000 square feet of retail and entertainment space and the 174-unit Reserve apartments.
Last year, Apple leased 42,000 square feet at The Plaza. Spirits company Bacardi has its U.S. headquarters in a 110,000-square-foot space at The Plaza. Law firm Hinshaw & Culbertson moved its Coral Gables office to a 18,000-square-foot space at The Plaza last year.
Montce Swimwear | Miami, Miami Bach
Homegrown retailer Montce Swimwear added two Miami-Dade County outposts.
Montce opened a 1,200-square-foot store at 3015 Grand Avenue in the CocoWalk mixed-use development in Miami’s Coconut Grove, according to a news release from the tenant’s broker. Montce also leased 1,400 square feet at 1800 Bay Road in Miami Beach’s Sunset Harbour neighborhood. This outpost is expected to open this summer.
Jonathan Rosen of JLL represented Montce in the leases. Max Gelband and Sam Noodle of Comras Company represented the Sunset Harbour landlord.
Federal Realty Investment Trust, Grass River Property and Comras Company own the renovated CocoWalk building. Coral Gables-based Greenstreet Partners owns the Sunset Harbour building, records show.
South Florida native Alexandra Grief created Montce in 2012. It has a Fort Lauderdale outpost at 530 Northeast 13th Street, and a Delray Beach store at 44 East Atlantic Avenue.
Ludlow Coffee Supply, Cava, PopUp Bagels | Miami
Monarch Alternative Capital and Tourmaline Capital Partners scored three retail tenants at their Brickell office tower.
Ludlow Coffee Supply opened its first Miami outpost in the lobby of the tower at 801 Brickell Avenue in Miami, according to a news release from the landlord’s broker. Next, Mediterranean fast-casual restaurant Cava will open in a 2,700-square-foot space, and PopUp Bagels will open in an 861-square-foot space.
Cava is expected to open in the third quarter.
Stephen Rutchik and Tom Farmer of Colliers represented the landlords. Zach Winkler from JLL represented PopUp Bagels.
New York-based Monarch and Bryn Mawr, Pennsylvania-based Tourmaline bought 801 Brickell in 2023 for $250 million. It was the biggest South Florida office sale that year.