Patron Of The New Leases Retail Space In Miami Design Row

The former Jalan Jalan space in Design Row, located at 7215 NE 4th Avenue in Miami, has been fully leased by Patron of the New. The retail property, owned by 3921 NE 2nd Ave LLC, will serve as a design showroom for the popular boutique. The lease transaction was facilitated by Tony Arellano, P.A. and Joe Fernandez of DWNTWN Realty Advisors, along with Jeremy Aidan of Isaacs & Co. The property spans 5,000 square feet and the asking rent was $100 per square foot. This highly trafficked location on NE 2nd Avenue is frequented by international stars such as J. Balvin, Ludacris, Hailey Baldwin, Halsey, Offset, Travis Scott, and Russell Brand.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: Leased
• Date: 05/04/2021
• Address: 7215 NE 4th Avenue, Miami
• Tenant: Patron of the New
• Landlord: 3921 NE 2nd Ave LLC
• Brokers: Tony Arellano, P.A. - DWNTWN Realty Advisors, Joe Fernandez - DWNTWN Realty Advisors, Jeremy Aidan - Isaacs & Co.
• Asking Rent: $100/ft.
• Square Footage: 5,000 SF

DWNTWN Realty Advisor's Tony Arellano successfully leased the former Jalan Jalan space to Patron of the New. This boutique, owned by a mother-son duo, attracts a diverse clientele, including numerous international celebrities. The Design Row location on NE 2nd Avenue is a prime spot for the design showroom, ensuring high visibility for the brand.