Chachacha Leases Restaurant At 2637 North Miami Avenue In Miami With Block Capital As Landlord

The asset involved in this transaction is a restaurant located at 2637 North Miami Avenue in the Miami market. The property encompasses a total square footage of 4,000 and is leased under a NNN Lease structure with an asking rent set at $78 per square foot.

Summary of transaction details:

• Property Type: Restaurant
• Transaction Amount: $78/ft
• Address: 2637 North Miami Avenue
• Market: Miami
• Landlord: Block Capital Group
• Tenant: chachacha
• Tenant's Representative: Ivan Abuchaibe & Jose Izquierdo - The Grand Lion Real Estate Group
• Landlord's Representatives: Ilan Sitt - Sherpa Consultancy; Ezequiel Baredes - BM2 Realty

This transaction highlights the involvement of multiple representatives, showcasing Ilan Sitt representing the landlord, alongside Ezequiel Baredes. Meanwhile, Ivan Abuchaibe and Jose Izquierdo represent the tenant in this lease agreement, indicating a collaborative effort in securing the restaurant space.