Varonis, Eastdil Secured, more | Brickell
Monarch Alternative Capital and Tourmaline Capital Partners scored five new leases and two renewals at their Brickell office tower.
In the biggest deal, New York-based cybersecurity firm Varonis leased 17,900 square feet at the 28-story building at 801 Brickell Avenue, according to a news release from the landlords’ broker. Also, investment manager Fengate Capital leased 8,700 square feet; Eastdil Secured leased 6,200 square feet. Financial adviser and wealth manager Inteligo Bank leased 2,500 square feet; and investment manager MKP Capital Management leased 2,100 square feet for its first South Florida office.
The renewals were by Booking.com for 4,800 square feet, and renewable energy solutions firm Sun Africa for 2,500 square feet, the release says.
Stephen Rutchik and Tom Farmer of Colliers represented the landlords. Clay Sidner of Newmark represented Varonis. Merrill Carr of CBRE represented Fengate Capital. Alex Marquez of Blanca Commercial Real Estate represented Eastdil Secured, and Tom Haughton of CBRE represented Inteligo Bank. Clarissa Willis of CBRE represented Booking.com, and Jeremy Hakala of Newmark represented Sun Africa.
New York-based Monarch and Bryn Mawr, Pennsylvania-based Tourmaline bought 801 Brickell, which has 415,000 square feet of offices, in 2023 for $250 million. It was the biggest South Florida office sale that year.
Monarch is led by co-founders Michael A. Weinstock, Andrew Herenstein and Chris Santana. Tourmaline is led by CEO Brandon Huffman.
BondST | Bay Harbor Islands
New York restaurant BondST will open in Bay Harbor Islands.
BondST, a Japanese restaurant, leased 17,000 square feet at Landau Properties and Taubco’s One Kane office building that’s under construction at 9551 East Bay Harbor Drive, according to the developers’ news release. The space will include a dining room, sushi bar, waterside dining terrace and a rooftop lounge.
BondST, owned by Jonathan Morr, last had a South Florida outpost in 2009.
New York-based Landau Properties and North Miami-based Taubco are developing the seven-story One Kane with 75,000 square feet of offices and private boat slips. The pair scored a $74 million construction loan in December from Miami-based 3650 Capital. Construction is expected to be completed in early 2027, the release says.
Taubco is led by husband-and-wife founders Irwin and Laura Tauber. Jonathan Landau, his daughter, Yaeli Lowinger, and his son-in-law, David “DC” Lowinger, started Landau’s eponymous firm in 2022.
Pierogi One I Pompano Beach
Pierogi One, where the menu includes a Polish hot dog and a schnitzel sandwich, opened in Pompano Beach.
The restaurant leased 1,400 square feet at 898 North Federal Highway, according to the tenant’s news release and spokesperson.
An entity managed by Ibrahim Yasubuga owns the retail plaza. It paid $16.5 million for it in 2021, records show.