Moishe Mana, CP Group, Monarch, Tourmaline Nab Tenants

Stearns Weaver Miller Weissler Alhadeff & Sitterson | Miami

Stearns Weaver Miller Weissler Alhadeff & Sitterson is staying at downtown Miami’s Museum Tower.

The law firm renewed its 96,800-square-foot lease at the tower at 150 West Flagler Street, according to a news release from the landlord’s broker. Museum Tower is near the Miami-Dade County Courthouse.

Stephen Rutchik and Ana Paula of Colliers represented the landlord. Grant Gassman and Chris Harak of Blanca Commercial Real Estate represented the tenant.

Moishe Mana, through his Mana Properties, owns the 28-story Museum Tower. Mana, who is downtown Miami’s biggest property owner, bought the building in 2023 reportedly for $73.8 million. Mana purchased the building by acquiring the interest in the ownership entity. No deed was recorded.

Mana is working to tailor both Museum Tower and the adjacent building at 172 West Flagler Street, which he also owns, to the legal industry, he has previously said.

Mana Hubs, co-working spaces targeting attorneys and others in the legal industry, will open at Museum Tower, according to the release. He also plans a membership club for employees in the industry.

Off the Hook Yachts | Fort Lauderdale | Jupiter

Boat wholesaler Off the Hook Yachts is expanding its South Florida outposts.

It will open a 1,500-square-foot office at 151 Las Olas Circle in Fort Lauderdale this month, as well as a 5,800-square-foot office at 951 North Alternate A1A in Jupiter in December, according to the tenant’s news release.

Wilmington, North Carolina-based Off the Hook Yachts is a used boat buyer and wholesaler, and it also offers marine brokerage and financing services, its website shows.

The leases come as the firm is preparing to go public, seeking to raise $25 million to $29 million in its initial public offering in October, according to media reports and the news release. It’s offering 5 million shares for $5 to $7 each.

Off the Hook was founded in 2012 by Jason Ruegg, who began flipping boats as a teenager. The firm’s newly appointed CEO is Brian John, the release says. John will be based at the Jupiter office.

Records show the city of Fort Lauderdale owns the Fort Lauderdale site where Off the Hook Yachts leased, and an entity managed by Jeffrey Weinstein owns the Jupiter office building.

Stream Realty Partners | Miami

Commercial real estate firm Stream Realty Partners is expanding in downtown Miami, after making its South Florida debut two years ago.

Dallas-based Stream leased 8,000 square feet on the 30th floor at the Citigroup Center office tower at 201 South Biscayne Boulevard, according to the tenant’s news release. The firm will move into the office in the first quarter of next year from its current 2,700-square-foot Citigroup Center office.

Stream provides office and industrial brokerage services, as well as development and investment services, its website shows. Its other Florida offices are in Orlando and Tampa.

In 2023, Stream opened its first South Florida office at 501 East Las Olas Boulevard in downtown Fort Lauderdale. Since then, it’s grown its Sunshine State staff from six employees to 45, the release says.

Stream declined to comment on whether it still has a Fort Lauderdale office.

The 34-story Citigroup Center is owned by Boca Raton-based CP Group, New York-based Monarch Alternative Capital and Bryn Mawr, Pennsylvania-based Tourmaline Capital Partners.