Kimco, Greystar, Terreno, Quest Workspaces Score Tenants

Pura Vida Miami, Jetset Pilates, more | Kendall

Popular South Florida café Pura Vida Miami and three other tenants will open at the Palms at Town & Country retail center in Miami-Dade County’s Kendall neighborhood.

Pura Vida, founded by Omer and Jennifer Horev, leased 3,400 square feet, with plans to open this summer, according to a Palms at Town & Country news release. Also, Jetset Pilates will open a 2,000-square-foot studio next winter, and Yoga Joint will open in a 5,400-square-foot space this summer.

Fast-casual restaurant Cava is expected to open a 2,700-square-foot outpost in the coming weeks, according to the release.

The deals come on the heels of other openings at the open air retail center, including a 7,000-square-foot store for home goods, toys and accessories retailer Miniso.

Jericho, New York-based Kimco Realty owns the 80-acre Palms at Town & Country at 11800 Mills Drive in an unincorporated area of the county. Conor C. Flynn is CEO of Kimco.

Fuze House | Boca Raton

An infrared-heated mat Pilates studio will open on the ground-floor of an apartment building in Boca Raton.

Fuze House leased 3,700 square feet at The Mark at Cityscape at 11 Plaza Real South, with plans to open in the third quarter, according to a news release from the tenant’s broker. The 13-story building has 208 apartments.

Mitch Heifetz of Newmark represented Fuze House, and Jack Siragusa of CBRE represented the landlord, Greystar.

Fuze, founded in 2022 by CEO Eli Kaylin, will have three South Florida outposts once the Boca Raton studio opens, the release says. It’s also at 1201 20th Street in Miami Beach’s Sunset Harbour area and 7202 Southwest 58th Avenue in South Miami.

Ufenau Capital Partners | Brickell

Swiss private equity firm Ufenau Capital Partners will debut in the U.S. with a headquarters in Miami’s Brickell.

Ufenau will open later this month in a Quest Workspaces co-working office at 777 Brickell Avenue, the South Florida Business Journal reported. The firm plans to expand its Miami workforce, which now has three members. Neal Monga will lead the Miami office.

Founded in 2011, Ufenau has more than 5 billion euros, or roughly $5.8 billion, in assets under management, prioritizing investment in founder-owned service businesses.

Its U.S. headquarters in Miami aligns with the city’s reputation as a magnet for new-to-market firms and with newcomers’ expansion path in the Magic City.

They often start with co-working space before leasing permanent offices. In the most notable example, controversial AI software firm Palantir Technologies moved its headquarters in February from Denver to a co-working space in Aventura.

Sentury Tire | Hialeah

A Chinese tire manufacturer is expanding its industrial outposts in South Florida.

Sentury Tire USA pre-leased the entire 220,000-square-foot building 35 at Countyline Corporate Park phase four at 11395 West 43rd Avenue in Hialeah, the South Florida Business Journal reported. Construction of the building is expected to be completed in the fourth quarter, with Sentury Tire moving in afterward.

Miami-based VSRE is developing portions of the Countyline Corporate Park phase on behalf of the landlord, Bellevue, Washington-based Terreno Realty. VSRE also is the broker and property manager.

Raydel Enriquez and Raul Estrada were part of the VSRE team that represented Terreno in the lease.

The deal brings the entire 2.2 million-square-foot Countyline Corporate Park fourth phase to fully pre-leased. Terreno also owns the industrial campus’ third phase that spans 1.3 million square feet. The third and fourth phases will consist of 17 buildings.

San Francisco-based Prologis owns Countyline’s first phase, and Oak Brook, Illinois-based CenterPoint Properties owns the second phase.

Sentury Tire USA, a subsidiary of Sentury Tire that’s publicly traded on China’s Shenzhen Stock Exchange, is based in Hialeah Gardens.

In 2024, it leased a 161,800-square-foot warehouse at 11210 West 43rd Avenue, also within Terreno’s portion of Countyline Corporate Park. It marked the sixth largest South Florida industrial lease that year.