GAIA Leases 10,052 SF Restaurant Space From Landlord Robert Rivani At Marea In Miami Beach

The property involved in this transaction is a retail space located at 801 South Pointe Drive, Miami Beach. The space is designed for a restaurant, leased by GAIA, comprising a total of 10,052 square feet, with an asking rent set at $140 per square foot. The lease is categorized as a NNN Lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,408,200
• Address: 801 South Pointe Drive
• Market: Miami Beach
• Landlord: Robert Rivani - Blacklion
• Tenant: GAIA
• Brokers: Fabio Faerman & Sebastian Faerman - FA Commercial

This transaction highlights the involvement of notable individuals in the deal, with Robert Rivani representing the landlord, Blacklion, while GAIA is the flagship concept of Fundamental Hospitality. Brokers Fabio Faerman and Sebastian Faerman of FA Commercial successfully facilitated this lease, contributing to the evolving retail landscape in the SoFi area, surrounded by prominent dining establishments.