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Tricera And Merrimac Secure Tenants For Soleste Seaside Development In Dania Beach

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LEASED

Florida

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Commercial7,200 SF
Leased 10/10/2023
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Property Image
LEASED

Tricera And Merrimac Secure Tenants For Soleste Seaside Development In Dania Beach

4 Federal Highway

See Similar Deals
Commercial7,200 SF
Leased 10/10/2023
Contact now

Summary

FLORIDA
Asset Type:Commercial
Price Per Square Foot:$0
Total Square Footage:7,200 SF
Transaction Type:Lease

Tricera Capital, along with Merrimac Ventures, has successfully secured two new tenants for the Soleste Seaside development located in Dania Beach. Memorial Healthcare System has leased 4,700 square feet of commercial space, while Antonio's Pizza has signed a lease for 2,500 square feet. This leasing activity highlights Tricera's ability to activate ground-floor commercial spaces in large mixed-use developments. Soleste Seaside, which includes 340 upscale rental units, is expected to attract additional tenants in the near future.

Summary of Transaction Details:

  • Property Type: Commercial
  • Transaction Amount: Not specified
  • Square Footage: 7,200
  • Address: 4 North Federal Highway
  • Market: Dania Beach

The landlord representatives for this deal were Ben Mandell and Dustin Ballard from Tricera Capital, along with Dev Motwani from Merrimac Ventures. On the tenant side, Melida Akiti represented Memorial Healthcare System while Antonio's Pizza negotiated the lease independently. The transaction was facilitated by the broker representatives Donald VanBeach, Kaley Tuning, and Elizabeth Metott from Native Realty.

Players

Kaley Tuning
9 deals$18.2M volume
BROKER

Donald VanBeach
Native Realty
1 deal
BROKER

Elizabeth Metott
Native Realty
2 deals
BROKER

TENANT

Details

LEASED
IMAGE: Donald VanBeach, Kaley Tuning, Dev Motwani, Elizabeth Metott, Ben Mandell, Melida Akiti & Dustin Ballard DATE: 10/10/2023 ADDRESS: 4 North Federal Highway MARKET: Dania Beach ASSET TYPE: Commercial ~ SF: 7,200 LANDLORD: Tricera Capital (@TriceraCapital) - Ben Mandell & Dustin Ballard; Merrimac Ventures - Dev Motwani (@Motown_Fll) TENANT: Memorial Healthcare System (@MHSHospital) - Melida Akiti; Antonio’s Pizza (@AntoniosPizzaGriffin) BROKERS: Donald VanBeach (@DVanBeach), Kaley Tuning (@KaleyTuning) & Elizabeth Metott (@Liz_Metott) - Native Realty (@NativeRealty) NOTE: Miami's Tricera Capital and Merrimac Ventures have secured two tenants for the Soleste Seaside development in Dania Beach: Memorial Healthcare System leased 4,700 square feet, and Antonio's Pizza signed a lease for 2,500 square feet, showcasing Tricera's ability to activate ground-floor commercial spaces in large developments. Soleste Seaside includes 340 upscale rental units, and more tenants are expected.

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Deal Type
Effective Rent (Annual)

$412,699.66

Total Lease Value

$4,126,996.55

Net Landlord Cash Flow$412,699.66