Urban Bricks Pizza Co Leases 1600 SF Retail Space In South Miami

A retail space located at 6144 S Dixie Hwy, Miami, FL, 33143, is being leased to Urban Bricks Pizza Co., which occupies approximately 1,600 square feet within a new retail development in South Miami. The lease covers a 10-year agreement valued at nearly $1 million. The property is situated in a market where asking rents for the 4,300-square-foot project range from $55 per square foot to $65 per square foot, with completion expected by the end of the month.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1 million
• Lease Start Date: 05/10/2018
• Address: 6144 S Dixie Hwy, Miami, FL, 33143
• Market: South Miami
• Square Feet: 1600
• Tenant: Urban Bricks Pizza Co
• Landlord: Unknown
• Tenant's Representative: Spencer Young - Compass
• Landlord's Representative: Matthew Martinez - Beacon Hill Property Group

Spencer Young of Compass served as the representative for Urban Bricks Pizza Co. in this transaction, while Matthew Martinez of Beacon Hill Property Group represented the landlord, whose identity remains unspecified. The deal highlights the collaboration between these brokerage firms in securing a long-term lease for the restaurant in the competitive retail marketplace of South Miami.