The retail property located at 1975 South Ocean Drive in Hallandale Beach has been leased for a term of 10 years. The landlord, Hemispheres Condominium Association, has entered into an agreement with the tenant, Juniper On The Water. The leasing transaction was facilitated by Sam Gaita of The Corcoran Group.

Summary of transaction details:

• Property Type: Retail
• Asking Rent: $50/ft.
• Square Footage: 5,100
• Lease Term: 10 years

This deal showcases the collaborative effort between the landlord, Hemispheres Condominium Association, and the tenant, Juniper On The Water. Sam Gaita of The Corcoran Group acted as the broker representing both parties in the lease agreement.