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18205 Biscayne Boulevard

Whole Foods Signs 20-Year Lease For 60000 SF Retail Space At Aventura Town Plaza
LEASEDRetail

Whole Foods Signs 20-Year Lease For 60000 SF Retail Space At Aventura Town Plaza

18205 Biscayne Boulevard

Building Size

60,000 SF

Asset Type

Retail

Closing

Sep 11, 2025

AI

A retail property comprising roughly 60,000 square feet located at 18205 & 18299 Biscayne Boulevard in Aventura has secured a long-term lease. The property is situated in a market that is known for its vibrant retail scene.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Lease Term: 20 years
  • Landlord: Daniel Halberstein, Mario Grosfeld, Stefan Grosfeld & Jorge Linkewer - Triarch Capital Group
  • Tenant: Jason Buechel - Whole Foods
  • Address: 18205 & 18299 Biscayne Boulevard
  • Market: Aventura
  • Current Tenants: Fresh Market
  • Lease Extensions: Six five-year options

The transaction involved notable figures including Daniel Halberstein, Mario Grosfeld, Stefan Grosfeld, and Jorge Linkewer representing Triarch Capital Group as the landlords, and Jason Buechel acting on behalf of Whole Foods as the tenant. This lease marks the second Whole Foods location in the city, indicating the retailer's expansion strategy in the region.

Players

Daniel Halberstein

Triarch Capital Group

Landlord

$43.8M

vol

4 deals

Landlord
TG
Triarch Capital GroupLandlord

Jason Buechel

Whole Foods

Tenant

$21M

vol

5 deals

Tenant
WF
Whole FoodsTenant

Aventura Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93