The DiPierros also have leased that space to open a second Sopra restaurant location. The 6,000-sf restaurant space is located at the northeast corner of Collins Ave. and Ocean Drive.
The seller and lessor was Constructa Inc. of Miami. The lease is valued at about $2.5 million. The new high-end restaurant/night club and patio bar is scheduled to open in the spring.
Athan Prakas, president/broker of The Prakas Group Inc., a commercial real estate brokerage based in Boca Raton, FL that specializes in restaurant, nightclub and commercial property transactions, represented the DiPierros in the sale. Kerry Newmann of FKS Group represented Constructa.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
