Ugo Colombo Of CMC Group Leases 4,000 Square Feet To Nerio Alessandri Of Technogym In Coral Gables

The property asset involved in this transaction is a retail space located at 4000 Ponce De Leon Boulevard in Coral Gables, Florida, comprising an area of 4,000 square feet. This retail space is positioned in a market known for its vibrant commercial activity, making it a strategic choice for businesses looking to establish a presence in the region.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Address: 4000 Ponce De Leon Boulevard
• Market: Coral Gables, FL
• Landlord: Ugo Colombo - CMC Group
• Tenant: Nerio Alessandri - Technogym

This transaction marks the signing of a lease between Ugo Colombo, representing CMC Group as the landlord, and Nerio Alessandri, representing Technogym as the tenant. Technogym plans to utilize this retail space for its inaugural showroom in the Miami area, with plans for opening scheduled in 2027. This location will be Technogym's third retail outlet in the United States, following establishments in New York City and Los Angeles.