The property asset involved in this transaction is a retail space located at 900-904 Lincoln Road, Miami Beach. The total square footage of the asset is 8,000 square feet. The property is situated in a prime market area, catering to a variety of retail opportunities.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Address: 900-904 Lincoln Road
• Market: Miami Beach
• Landlord: ALTO Real Estate Funds
• Tenant: Victoria’s Secret
• Landlord's Representative: Jonathan Carter & Ryan Brodsky - Colliers
• Tenant's Representative: Brandon Nocella - Strategic Retail Advisors

Victoria's Secret has entered into a long-term lease agreement with ALTO Real Estate Funds, marking a significant relocation for their flagship store. The deal was facilitated with representation from Colliers for the landlord and Strategic Retail Advisors for the tenant.