It'Sugar Leases 16,000 SF Retail Space At Bayside Marketplace, Downtown Miami | 401 Biscayne Boulevard | Retail | Lease

Summary

Lease

FLORIDA

Retail

16,000 sqft

A two-story, 16,000-square-foot retail property located at 401 Biscayne Boulevard in Miami has been leased to It’Sugar, a candy retailer under BBX Capital. The store, situated at Bayside Marketplace in Downtown Miami, offers a wide variety of candies including Sour Patch Kids, Nerds, Skittles, as well as retro and international selections.

Summary of transaction details:

Property Type: Retail
Transaction Amount: Not specified
Tenant: Jarett Levan - BBX Capital - It’Sugar
Market: Miami
Tenants' Business: Candy retailer

It’Sugar, operating as a subsidiary of BBX Capital, has established itself as a prominent candy retailer with over 100 locations in the U.S. and Canada. Despite facing financial challenges in 2020 due to the pandemic, including a Chapter 11 bankruptcy filing, the chain has rebounded and expanded, now boasting flagship stores like the newly opened two-story store at Bayside Marketplace in Miami.

Details

Deal Summary

LEASED

IMAGE: 04/18/2024 ADDRESS: 401 Biscayne Boulevard MARKET: Miami ASSET TYPE: Retail ~ SF: 16,000 TENANT: Jarett Levan - BBX Capital - It’Sugar NOTE: It’Sugar, a candy retailer under BBX Capital, has unveiled a two-story, 16,000-square-foot store at Bayside Marketplace in Downtown Miami, offering its signature array of candies including Sour Patch Kids, Nerds, and Skittles alongside retro and international selections. Despite a Chapter 11 bankruptcy filing in 2020, attributed to pandemic-related sales slowdown, the chain now thrives with over 100 locations across the U.S. and Canada, including flagship spots like the recently opened Bayside store and the largest outlet at American Dream mall in East Rutherford, N.J.

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Address401 Biscayne Boulevard

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