Grant Cardone And Ryan Tseko Of Cardone Capital Lease Retail Space To Reforming Pilates In Boca Raton

The property asset involved in this lease transaction is a retail space located at 101 East Camino Real in Boca Raton. The total square footage is 2,964, and the asking rent for the space is set at $70 per square foot. The lease term is established for 10 years and it is categorized as a NNN lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Address: 101 East Camino Real
• Market: Boca Raton
• Landlord: Grant Cardone, Ryan Tseko - Cardone Capital
• Tenant: Reforming Pilates
• Landlord's Representative: Barrett Wolf, Benji Sherwin - WolfCo.
• Tenant's Representative: Elizabeth Metott - Native Realty
• Lease Term: 10 Years
• Lease Type: NNN Lease
• Asking Rent: $70/ft

This transaction signifies the signing of Reforming Pilates as the first retail tenant at the property, contributing to the development of a mixed-use destination. WolfCo. facilitated this agreement on behalf of Cardone Capital, with more retail offerings expected to follow as part of the overall vision for the property. The goal is to elevate the asset's lifestyle appeal and create a significant destination beyond just a residential property.