Vintro’s Success Leads to Expansion Plans

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MIAMI BEACH, FL – August 26, 2015 – One of Miami Beach’s top rated boutique hotels is expanding to include a luxurious mixed use condominium portion as well as a ground floor segment.

Terranova will represent the landlord in leasing the ground floor commercial space at 2206 Park Avenue in Miami Beach. Initial plans include two ground floor commercial spaces with the first at 3,492 SF with an outdoor area of 503 SF and the second at 2,064 SF with a larger outdoor space measuring 2,336 SF. Terranova is seeking experienced restauranteurs for these rare and unique opportunities.

Vintro Hotel & Kitchen is a chic boutique hotel located near the Miami City Ballet and near some of Miami Beach’s most known landmarks such as the Bass Museum and the Miami Beach Convention Center which is also the home of one of the largest art exhibitions in the world, Art Basel.

The hotel’s first floor is partially occupied by the Vintro Kitchen which will keep its place in the hotel throughout the expansion. The trendy restaurant is popular among locals and visitors alike for both its outstanding food as well as its location just minutes from the hustle and bustle of Miami Beach’s night life.

“We are thrilled to take on the leasing of the ground floor commercial expansion which will be a great opportunity to add two new tenants to the famed hotel’s roster and Miami Beach,” says Terranova’s executive vice president, Mindy McIlroy.”

Vintro Hotel & Kitchen and Vintro Park are turning heads, bringing even more attention to their corner of paradise on Park Avenue and Washington Court.

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Terranova Corporation, South Florida’s leading commercial real estate advisory firm, currently is involved with commercial real estate assets for its clients and its own portfolio valued at more than $1 billion. The company offers complete commercial real estate services, including asset and property management, leasing, tenant representation, acquisitions, dispositions, financing, construction management and development services.

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Anthropologie Activates North Lincoln Lane.

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MIAMI BEACH, FL – July 29, 2015 – Lincoln Road, Miami’s most famous landmark, an eight block expanse of shopping, dining, and entertainment is expanding due to the high demand from national retailers. Anthropologie will relocate to a new building set to break ground later this year.

Terranova has signed a 10-year lease with Anthropologie for 11,788 square feet at the proposed redevelopment at 801 Lincoln Road and is expected to open Fall 2016.

Founded in 1992, Anthropologie is a lifestyle brand that celebrates fashion, art, culture, design and discovery. Anthropologie is known for traveling the world in pursuit of special products that allow customers to express their individuality, creativity and personal style; from women’s apparel and accessories to home furnishings, décor and beauty. The brand is also admired for its one-of-a-kind store environments and window displays, created by dedicated teams of artists at each of its locations.

Anthropologie is currently located at 1108 Lincoln Road and will be moving into one of two buildings that Terranova will build at Meridian Avenue and Lincoln Lane North. The success of tenants on Lincoln Road has ultimately led to a demand for the expansion of the 8-block landmark street. As the largest property owner on Lincoln Road, Terranova has taken the lead in the activation of Lincoln Lane North by developing two three-story buildings at the Meridian Avenue intersection, bringing additional retail stores and a rooftop restaurant.

“Anthropologie’s new location on the prime intersection of Meridian Avenue and Lincoln Lane North is an optimal setting for the market established retailer,” says Mindy McIlroy Terranova’s executive vice president who represented the landlord in the deal. “Major retailers, like Anthropologie, are leading the pack and moving to side streets, as the pedestrian only Lincoln Road expands into a wider district.”

Interested in leasing or know someone who is? Contact our offices today to learn how you can join the world famous Lincoln Road!

CLICK HERE FOR THE PDF PRESS RELEASE

Terranova Corporation, South Florida’s leading commercial real estate advisory firm, currently is involved with commercial real estate assets for its clients and its own portfolio valued at more than $1 billion. The company offers complete commercial real estate services, including asset and property management, leasing, tenant representation, acquisitions, dispositions, financing, construction management and development services.

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Brazilian Active Wear Coming to Lincoln Road

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MIAMI BEACH, FL – July 29, 2015 – The fitness industry in the U.S. has exploded the past few years making it the largest gym industry in the world, followed only by Brazil. This boom has created a demand for activewear that is not only functional but also fashionable. Brazilian based brand Live! has embraced this fitness phenomenon with their first U.S. location coming to Lincoln Road.

Terranova has signed a 1-year lease with Live! for a 1,250 SF pop-up shop at 723 Lincoln Road, the world famous eight block strip in Miami Beach.

Live! is dedicated to bold, contemporary, and sophisticated activewear resulting in a style that is urban, functional, and casual. The seductive allure of Brazilian fashion is incorporated into Live!’s high-quality products offering a fun and flirtatious alternative to the typical activewear focused solely on functionality. They currently operate eight stores in Brazil and their pop-up shop on Lincoln Road marks their first brick-and-mortar venture into the U.S. with plans for further expansion in Florida and California.

“Within the U.S., we searched for an upscale, fashion oriented, trendy location. Lincoln Road was in fact a perfect fit,” says founder and CEO Gabriel Sens. “It’s young atmosphere driven from people around the world, is the perfect place to put our brand in the global stage. We are very excited to be here and feel that great things are coming!”

A health kick initiated by millennials has led to a growing fitness market in Miami which is heating up the boutique fitness scene propagated by businesses such as Green Monkey Yoga, Flywheel, and Exhale with many more entering the market. “This demand is spearheading an interest in fashionable and unique athleisure clothing that blurs the lines between activewear and everyday casual clothing,” says Terranova’s executive vice president Mindy McIlroy who represented the landlord in the deal. “With this growing trend and the immense amount of fitness facilities located in Miami Beach, Lincoln Road is an ideal location for the Live!.”

Live! will join a roster of national tenants including Steve Madden, Tumi, Macy’s, Apple, and Armani Jeans.

CLICK HERE FOR THE PDF PRESS RELEASE

Terranova Corporation, South Florida’s leading commercial real estate advisory firm, currently is involved with commercial real estate assets for its clients and its own portfolio valued at more than $1 billion. The company offers complete commercial real estate services, including asset and property management, leasing, tenant representation, acquisitions, dispositions, financing, construction management and development services.

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