Black Lion's Robert Rivani Leases Retail Space To Philippe By Philippe Chow In Miami Beach

Philippe By Philippe Chow has signed a 15-year lease to occupy a coveted restaurant space at One Ocean South Beach, located at 1 Collins Ave in Miami Beach. The retail property, owned by Black Lion's Robert Rivani, will serve as a flagship outpost for Philippe By Philippe Chow, with plans to open in Q2 2024. The space spans 13,500 square feet, and the asking rent is $150 per square foot.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: Not applicable as it is a lease
• Address: 1 Collins Ave, Miami Beach
• Market: Miami Beach
• Landlord: Black Lion - Robert Rivani
• Tenant: Philippe By Philippe Chow
• Asking Rent: $150 per square foot
• Lease Term: 15 years

Robert Rivani, representing Black Lion, owns the retail property located at 1 Collins Avenue in Miami Beach. Philippe By Philippe Chow, represented by their own team, has signed the 15-year lease agreement. This deal allows Philippe By Philippe Chow to establish a flagship outpost at One Ocean South Beach, adding to the diverse culinary landscape of Miami Beach.