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Lease roundup: Deco Capital Nabs Pretium Partners as tenant

Investment management firm took almost 12K sf at project under construction in Sunset Harbour

Pretium Partners I Eighteen Sunset I Miami Beach

Investment management firm Pretium Partners will open an office at the Eighteen Sunset office project under construction in Miami Beach.

New York-based Pretium, with more than $50 billion of assets under management, leased 11,600 square feet on the fourth floor at 1769 Purdy Avenue, according to a news release from the Miami Beach Economic Development Department.

Stephen Rutchik of Colliers and Neil King of CBRE New York represented the landlord. Daniel Posy of JLL represented Pretium.

Miami-based Deco Capital Group, founded by Bradley Colmer, is developing the five-story project in partnership with New York-based RWN Real Estate Partners, part of billionaire Marc Rowan’s family office.

The building, in the Sunset Harbour neighborhood, has commanded record asking rents in the range of $150 per square foot.

Eighteen Sunset is roughly 80 percent leased, according to the release. Other tenants include restaurant Uchiko and an unidentified publicly traded Toronto firm.

Completion of Eighteen Sunset is expected late next year.

Club Studio, Earls Kitchen + Bar, Luli Fama I Miami Worldcenter

The Miami Worldcenter megaproject scored three new tenants.

In the biggest deal, fitness company Club Studio took 35,400 square feet on Block D-East, along the project’s main pedestrian paseo between Eight and Ninth streets, according to a Miami Worldcenter news release.

Upscale casual dining restaurant Earls Kitchen + Bar took 8,400 square feet at Miami Worldcenter’s recently completed Jewel Box retail building.

Also, women’s swimwear brand Luli Fama will open in a 1,200-square-foot space at the Paramount condominium tower. Luli Fama is opening through Leap, a platform that works with brands to open stores that complement their e-commerce business.

The master developers of the 27-acre, $4 billion Miami Worldcenter are Art Falcone and Nitin Motwani, in partnership with CIM Group.

In other recent deals at the multi-block project, Rihanna’s lingerie brand Savage X Fenty leased 3,000 square feet at the complex.

Crystal Cruises I Optima I Hallandale Beach

Crystal Cruises is moving its headquarters to Hallandale Beach.

The cruise company leased 15,000 square feet on the 15th floor of the Onyx Tower, at 1010 South Federal Highway, within the three-building Optima office complex, according to a news release from the tenant’s broker. The company will move in the fourth quarter of next year, although it will have a temporary space at Optima in the meantime.

Mexican firm Inmobiliaria Brom developed the Optima complex and owns Crystal Cruises’ space, according to records. Ariel and Jose Bromberg are Inmobiliaria’s managers, state corporate records show.

Scott Goldstein and Keith Edelman of CBRE represented Crystal Cruises. Juan Ruiz and Jack Davidson of Blanca Commercial Real Estate represented

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Crystal Cruises’ current headquarters is listed as Downers Grove, Ill.

Quest Workspaces, RivX Automation, more I Doral Center

Banyan Street Capital and Independencia Asset Management scored five tenants for a combined 37,000 square feet of space at the Doral Center office complex.

In the biggest deal, coworking firm Quest Workspaces took 23,500 square feet on the seventh floor at Two Doral Center, according to a news release from the landlord’s broker. Quest will open next summer.

Gordon Messinger and Randy Carballo of CBRE represented Banyan in all of the deals. Lance Benson of Newmark represented Quest.

Miami-based trucking automation and e-commerce firm RivX Automation leased 6,000 square feet at One Doral Center, where the firm will move roughly 15 employees this month from 8350 Northwest 52nd Terrace, also in Doral. Hair care company Alfaparf Milano leased 1,600 square feet at One Doral, and is moving this month from 8200 Northwest 33rd Street in Doral.

IT solutions firm BCA IT will move into a 3,500-square-foot space in the first quarter of next year from 8725 Northwest 18th Terrace in Doral.

Dubai-based cargo airline Emirates Sky Cargo will open in the second quarter of next year to 2,200 square feet at Doral Center.

All five leases were signed in the fourth quarter.

Banyan, founded and is led by Rudy Prio Touzet, and Independencia, both based in Miami, paid $43 million for the 290,000-square-foot Doral Center in 2020.

America’s Consumer Advocacy Group I Cypress Corporate Center I Fort Lauderdale

America’s Consumer Advocacy Group, a legal services organization, will open an office at the Cypress Corporate Center in Fort Lauderdale.

ACA Group leased 5,700 square feet on the fourth floor at 1901 West Cypress Creek Road, where it will open in January, according to a news release from the landlord’s broker. Also, health insurer Humana renewed its 9,700-square-foot lease at Cypress Corporate Center.

Gordon Messinger of CBRE represented the property’s owner, Miami-based real estate investment fund HS Capital. Jake Weiss of The Easton Group represented ACA Group, and AJ Belt of Cushman & Wakefield represented Humana.

HS Capital bought the six-story building for $17.5 million in 2020.

Tacombi I Miami Beach

Mexican restaurant Tacombi will open a taqueria in Miami Beach.

Tacombi leased 2,800 square feet at the Morris Lapidus-designed building at 1688 Meridian Avenue, according to the tenant’s news release. The taqueria will open on Thursday.

Dario Wolos started Tacombi as a beach taco stand in Playa del Carmen in 2006. Since then, Tacombi has opened 15 locations, including in New York and Miami.

An entity managed by Ophira Cukierman bought the 10-story Meridian Avenue office building last year for $49.5 million.

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