Jills Zeder Group, Divisadero Capital, more | Miami Beach
Residential brokerage powerhouse Jills Zeder Group, a hedge fund and several medical care providers leased space at Robert Rivani’s South Beach office building.
Jills Zeder Group leased 8,000 square feet at The Rivani at 1691 Michigan Avenue in Miami Beach, according to a Rivani news release. According to Jills Zeder’s Jill Hertzberg, Coldwell Banker Realty leased the space and will move there, closing its South Beach outpost at 1682 Jefferson Avenue. Jills Zeder Group is affiliated with Coldwell Banker.
Others that leased at The Rivani are hedge fund Divisadero Capital, which took 5,000 square feet; stem cell and regenerative medicine practice Prime Longevity, which took 3,000 square feet; oculoplastic surgeon Dr. Jennifer Murdock, who took 2,000 square feet; and functional medicine Dr. Elliott Dinetz, who also took 2,000 square feet, according to the release.
Divisadero Capital will move from its office in Miami’s Coconut Grove. Dr. Murdock will move her practice from Doral, and Dr. Dinetz will move from Mercy Hospital in Coconut Grove, the release says. Prime Longevity is a new-to-market tenant.
The building is now more than 80 percent pre-leased.
Rivani’s eponymously named firm is working on a $100 million-plus renovation of the seven-story, 163,000-square-foot mixed-use building, also named The Rivani. Completion is expected this summer, the release says.
The project made a splash, securing Playboy as a tenant last year. PLBY Group, the Los Angeles-based publicly traded company that owns Playboy, leased a 20,000-square-foot penthouse and will move its headquarters from LA.
Monarch Athletic Club will open a gym and wellness club at The Rivani, and a Tokyo-inspired speakeasy will open on the building’s third level. Rivani, who has cited Japan as his favorite place, and LA-based h.wood Group are partnering on the speakeasy.
Culto Fútbol | MIami Beach
As South Florida’s reputation as a soccer hub solidifies, including hosting the FIFA World Cup this year, retailers have rushed to the region.
Mexico-based soccer apparel, footwear and accessories store Culto Fútbol opened in a 7,400-square-foot space at 744 Lincoln Road in Miami Beach, according to a news release from the lease broker. It marks Culto Fútbol’s second U.S. flagship after Santa Monica, California.
Miami Beach-based Comras Company brokered the lease.
Michael Comras, who founded and leads Comras Company, owns the Lincoln Road building where Culto Fútbol opened. In November, he paid about $140 million for a portfolio of five properties along Lincoln Road and North Lincoln Lane, launching the NoLi District.
Miami has methodically established its place in the international soccer stage in recent years. In 2018, Major League Soccer approved the city’s Inter Miami CF team, which is backed by Brit David Beckham and counts star Lionel Messi among its players.
Besides bringing the World Cup to miami, Zurich-based FIFA, the international soccer governing organization, expanded its Coral Gables office to 75,000 square feet in 2024.
The Argentine Football Association opened an office in Miami’s Wynwood in 2023.
BeninMed | Palm Beach County
Medical practice BeninMed, focused on prevention, longevity and personalized care, opened in Palm Beach County.
BeninMed, led by Dr. Andrew Benin and Dr. Samantha Benin, who is a cardiologist, leased about 1,800 square feet at 9250 Glades Road in an unincorporated area of the county, according to the tenant and its spokesperson. The practice offers internal medicine, cardiology, primary and preventive care, women’s and men’s care, and imaging and diagnostic testing.
Records show the Palm Beach County building is owned by an entity managed by Maxwell Beitler of Chicago.
Elev8tion Fitness | West Palm Beach
Immocorp Ventures scored its first retail lease at its mixed-use project in West Palm Beach’s Northwood District.
Elev8tion Fitness leased 7,600 square feet the the development at 2501 Pinewood Avenue, according to a news release from the landlord’s broker.
Immocorp Ventures, a partnership between Gilbert Benhamou of Aventura-based Immocorp Capital and Gideon Friedman of New York-based Beachwold Residential, is developing the project with 382 luxury apartments, 64,000 square feet of retail and restaurants, and a pedestrian streetscape. The development is called The District at Northwood.
Jonathan Carter and Dave Preston were part of the Colliers team that represented the landlord in the lease.
Completion of The District at Northwood is expected in the fourth quarter, the release says.
Tesla | Miami-Dade County
Tesla will open a showroom in Miami-Dade County’s Kendall neighborhood.
The electric vehicle maker leased the 45,300-square-foot space previously occupied by Toys “R” Us at the Palms at Town & Country, according to a news release from the Palms at Town & Country. The mixed-use retail center is on the northeast corner of Southwest 88th Street and the turnpike in an unincorporated area of the county.
Tesla, co-founded and led by tech billionaire Elon Musk, will open late this year, the release says.
Jericho, New York-based Kimco Realty owns Palms at Town & Country.
Bagels & Co. | Pompano Beach
A Brooklyn-style bagel shop will open at the Park Plaza Shopping Center in Pompano Beach.
Bagels & Co. leased 1,200 square feet at the shopping plaza at 162 North Federal Highway, according to the tenant’s news release. The grand opening will be on March 24.
The bagel café, founded in Philadelphia in 2021, has outposts across Pennsylvania and Florida.
The Pompano Beach lease marks the bagel shop’s fourth outpost in Broward County. It also is at Nova Southeastern University’s Modera Academical Village at 3440 Southwest 76th Terrace in Davie. The other cafés are at 21 Southwest Seventh Street in Fort Lauderdale and 1015 Northeast 26th Street in Wilton Manors.
Records show the Park Plaza Shopping Center is owned by an entity led by Ron Shoffet and
Schaumburg, Illinois-based RMS Properties, according to state corporate records.
VirtuWorks | Miami
Information technology and cybersecurity firm VirtuWorks expanded its Miami headquarters.
VirtuWorks now is in a more than 10,000-square-foot office at 3850 Bird Road, according to a company news release and its website.
VirtuWorks, which has been based in Miami-Dade County for more than three decades, is led by CEO Omar Armenteros.
The bigger office is for the firm’s planned growth of its engineering team, as well as operational capacity and tech infrastructure. The firm also is preparing for more demand for its IT and cybersecurity services in South Florida, as the tri-county region is experiencing an uptick in business in-migration.
Namely, AI firm Palantir Technologies moved its headquarters from Denver to a co-working space in Aventura this year, while billionaire Ken Griffin moved his Citadel and Citadel Securities’ headquarters to Brickell in 2022.