Inter Miami CF Leases 125K SF Retail Space In Miami Freedom Park To Fever, PopStroke, Toroverde

The property involved in this transaction is a retail asset located at 1802 Northwest 37th Avenue in Miami. It encompasses a total of 125,000 square feet and is part of the 131-acre Miami Freedom Park development. This project is financed at $650 million and is anchored by a 25,000-seat stadium scheduled to open next year.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $650 million
• Address: 1802 Northwest 37th Avenue
• Market: Miami
• Landlord: Jorge Mas, Jose Mas, Lionel Messi, David Beckham, and Devon McCorkle - Inter Miami CF
• Tenant: Ignacio Bachiller - Fever (30K SF), Greg Bartoli - PopStroke (75K SF), Jorge Jorge - Toroverde (25K SF)

This transaction marks the first retail leasing for Inter Miami CF, with a total of 125,000 square feet leased to three tenants within the development. The total retail space in the project is expected to reach 500,000 square feet, accompanied by dining and entertainment options, along with 750 hotel rooms and office space.