FORT LAUDERDALE, FL-Rare Los Olas has signed a 10-year, 6631-square-foot lease for prime ground floor retail space at Las Olas City Centre in downtown. With this lease, the entire ground floor—which offers frontage and signage directly on Las Olas Boulevard—is occupied.

Las Olas City Centre is owned in partnership by Stiles and Shorenstein Company. Stiles also performs the leasing and property management for the building. Norm Adams and Liz Glaria of Stiles Realty represented the landlord in lease negotiations. Jeff Sussman of Boca Raton-based Sussman Restaurant Brokerage, together with Julie Berry and Kimberly Barbar of Stiles Realty, represented Rare Las Olas, which is operated by CentraArchy Restaurant Management Company.

Adams, Stiles director of Real Estate, tells GlobeSt.com that Rare Las Olas is taking up space that once serve Bova Prime. With the closing of Bova and no comparable steak houses on Las Olas, Adams says this was the perfect time for Rare to make an entry.