Lease roundup: Sweet Paris Crêperie opening at Miami Worldcenter, Brooklyn Dumpling at MiamiCentral

Lease roundup: Sweet Paris Crêperie opening at Miami Worldcenter, Brooklyn Dumpling at MiamiCentral

Nov 13 2023

The Container Store, Sweet Paris Crêperie & Café | Miami Worldcenter 

The Container Store and Sweet Paris Crêperie & Café will open next year at Miami Worldcenter

The Container Store leased 15,700 square feet on the ground floor at 850 Northeast Second Avenue in Miami, marking the chain’s seventh South Florida outpost, according to a Miami Worldcenter news release. 

Sweet Paris Crêperie leased 2,300 square feet on the ground floor at 851 Northeast First Avenue, marking its 16th outpost in the U.S. and Mexico, as well as its third in South Florida, the release says. 

This year, Houston-based Sweet Paris also opened in a 2,400-square-foot space at 5335 Northwest 87th Avenue at Codina Partners’ Downtown Doral development. 

Miami Worldcenter Associates, led by managing partners Art Falcone and Nitin Motwani, in partnership with CIM Group, is developing the 27-acre, $6 billion mixed-use complex in Miami’s Park West neighborhood. 

CIM, as well as Jeff Evans and Michael Silverman of The Comras Company, represented the landlord. Zach Winkler of JLL represented The Container Store, and Ana Barcelo of NuList Advisors represented Sweet Paris. 

Newgard Development Group | downtown Miami 

Newgard Development Group, led by developer Harvey Hernandez, opened its new headquarters in downtown Miami

The real estate development and investment firm leased 5,300 square feet on the 30th floor at One Downtown, previously called SunTrust International Center, at 1 Southeast Third Avenue, according to a Newgard news release. 

The firm moved from a temporary 3,500-square-foot space on the 12th floor of the same building, a company spokesperson said. 

Los Angeles-based PCCP owns the 31-story One Downtown. It paid $127 million for it in 2018, according to records. Boca Raton-based CP Group, formerly called Crocker Partners, sold the building and is the current property manager. 

Brooklyn Dumpling Shop will open at the MiamiCentral mixed-use complex. 

The restaurant, founded by Stratis Morforgen, will open in an 800-square-foot space next summer at the complex on Northwest First Avenue, between Northwest Third and Seventh streets in Miami, according to a MiamiCentral news release. The development serves as the southernmost stop for the Brightline passenger train. 

Jeff Evans and Michael Silverman of The Comras Company brokered the deal. 

Brightline’s parent company, Florida East Coast Industries, developed MiamiCentral and still owns the retail and restaurant space. 

Last year, Harbor Group International paid about $450 million for the pair of ParkLine Miami apartment towers with 816 units, combined, that sit atop the station. In 2021, funds managed by Blackstone Real Estate paid about $230 million for the 2MiamiCentral and 3MiamiCentral office buildings. 

Existing restaurants at MiamiCentral include Joe and the Juice, Chick-Fil-A and Starbucks. 

Lidia Dinkova, TheRealDeal

https://therealdeal.com/miami/2023/11/13/feci-miami-worldcenter-hs-capital-pccp-score-tenants/