Starbucks, European Wax Center and Mattress Firm bring center to 60% pre-leasing
Miami, FL (March 10, 2016) – Gadinsky Real Estate, LLC, a full service retail real estate company, announced today that it has signed three new retail tenants for a proposed retail component of the 12000 Biscayne Building. The 8-story, 146,000+ sq. ft. building, currently all office space, is located in unincorporated Miami-Dade County, across the street from Whole Foods. Confirmed tenants for the ground floor space, which will total approximately 11,300 sq. ft., include Starbucks (2,040 sq. ft.), European Wax Center (1,251 sq. ft.) and Mattress Firm (3,500 sq. ft.), bringing the retail space to 60% capacity.
The building owners, a partnership between Brandon of B, LLC and Gotham Associates, L.P., hired Gadinsky Real Estate to manage the redevelopment and leasing of the building's new ground floor retail space, which is currently vacant. James Cohen of SBLM Architect, who designed the nearby Whole Foods, is the architect for the project, which will include the expansion of the existing building footprint to accommodate the new retail space. The redevelopment is scheduled to be completed by the summer of 2017.
There is still approximately 4,500 sq. ft. available for lease including an approximately 2,100 sq. ft. south end-cap space, which has been designated for a fast-casual restaurant.
"We are excited to announce the first three stores at 12000 Biscayne Center's new retail center as we actively seek the final two tenants to complete the retail mix," said Seth Gadinsky, owner of Gadinsky Real Estate. "The Center's prime location offers an ideal opportunity for both national and local retailers interested in serving the area's growing number of over 60,000 residents and day workers."
12000 Biscayne Building is located on the southwest corner of Biscayne Blvd. and NE 121st Street and is midway between Miami’s Design District and Aventura, with easy access to Downtown Miami. For more information about 12000 Biscayne Center retail opportunities, call Justin Schultz at Gadinsky Real Estate at (305) 938-6555 or justin@gadinskyrealestate.com.
ABOUT GADINSKY REAL ESTATE, LLC
Gadinsky Real Estate, LLC, the first name in retail real estate, specializes in retail development, tenant representation, urban renewal, project leasing, and consulting. Founded in 1999, Gadinsky Real Estate has worked extensively with retail clients, lenders, investors, and property owners to create many high quality and innovative retail projects. Some of Gadinsky Real Estate’s previous projects include Doral Signature Shops, The Shoppes @ 420 Lincoln Road, Publix Supermarket at Market Square, numerous Walgreens pharmacies, and Lakepoint, a 1,200-acre amateur sporting and entertainment community. For more information about Gadinsky Real Estate, visit www.gadinskyrealestate.com.
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