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; and oculoplastic surgeon Dr. [name not specified in excerpt].
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.
Soccer Retail Expansion
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.
Immocorp and Fitness Tenants
Also, Elev8tion Fitness is first commercial lease at Immocorp Ventures’ Northwood West Palm project.