Black Lion's Robert Rivani Leases Retail Space To Philippe By Philippe Chow In Miami Beach
1 Collins Avenue
13,500 SF
Summary
Philippe By Philippe Chow has signed a 15-year lease to occupy a coveted restaurant space at One Ocean South Beach, located at 1 Collins Ave in Miami Beach. The retail property, owned by Black Lion's Robert Rivani, will serve as a flagship outpost for Philippe By Philippe Chow, with plans to open in Q2 2024. The space spans 13,500 square feet, and the asking rent is $150 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not applicable as it is a lease
- Address: 1 Collins Ave, Miami Beach
- Market: Miami Beach
- Landlord: Black Lion - Robert Rivani
- Tenant: Philippe By Philippe Chow
- Asking Rent: $150 per square foot
- Lease Term: 15 years
Robert Rivani, representing Black Lion, owns the retail property located at 1 Collins Avenue in Miami Beach. Philippe By Philippe Chow, represented by their own team, has signed the 15-year lease agreement. This deal allows Philippe By Philippe Chow to establish a flagship outpost at One Ocean South Beach, adding to the diverse culinary landscape of Miami Beach.
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