Miami Worldcenter Associates And CIM Group Lease Retail Space To Go Greek Yogurt HYP And SkinSpirit

The asset involved in this transaction is a retail space located at 851 Northeast 1st Avenue in Miami, comprising 4,300 square feet. It is part of the $6 billion mixed-use development Miami Worldcenter.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Address: 851 Northeast 1st Avenue
• Market: Miami
• Landlord: Art Falcone & Nitin Motwani - Miami Worldcenter Associates; CIM Group
• Tenant: Go Greek Yogurt (1,300 SF), HŸP (1,300 SF) & SkinSpirit (1,700 SF)
• Brokers: Irma Figueroa, Max Gelband, Samuel Noddle - The Comras Company; Dillon Maya - Avenue Real Estate Partners

The deal involves notable participation from Miami Worldcenter Associates and CIM Group, who are leading the development project. The new tenants, including Go Greek Yogurt, HŸP, and SkinSpirit, are anticipated to open their establishments between late 2024 and early 2025, contributing to the retail and restaurant offerings within the development.