Restaurant Specializing in Sushi and Creative Cocktails Signs Long-Term Lease for Prime Retail Space
Thor Equities, a global leader in urban real estate development, leasing and management, has leased 1,800 square feet at 250 NW 24TH Street (250 Wynwood) in Miami to Crudos Fusion Sushi, company executives announced today.
The restaurant specializing in sushi and creative cocktails has signed a long-term deal for the prime Wynwood space, which features 16-foot ceilings with floor-to-ceiling windows and wall-to-wall transparent glazing.
“Wynwood is continuing to grow in popularity as a home for residential, office and retail tenants drawn to the area’s many art, dining, culture and shopping experiences,” said Joe Sitt, CEO of Thor Equities.
The pedestrian-friendly neighborhood was recently named “one of the hottest urban retail markets” by Cushman & Wakefield in its The Cool Streets of North America report, which highlighted Wynwood’s popularity among Millennials, as well as new development projects that will increase its daytime population.
Nearby businesses include Warby Parker and Ducati along with The Screening Room, Panther Coffee, Coyo Taco, Wynwood Kitchen & Bar, R House and Gravity Brewery. The neighborhood is home to more than 70 art galleries including The Hangar, Black Square Art Gallery and Gallery Diet, while serving as one of the largest open-air street art installations in the world.
Thor Equities also recently leased the adjacent retail property at 250 NW 24th Street to trendsetting restaurant Federal Donuts, which serves gourmet donuts and Korean-style fried chicken created by famed Philadelphia chef Michael Solomonov.
Thor owns a number of properties in Wynwood including 2801 NW 3rd Avenue, which occupies the majority of a city block in the heart of the Wynwood Art District; 2800 NW 2nd Ave., a 100,000-square-foot site with 45,000 square feet of retail space located adjacent to 2801 NW 3rd Ave.; and 2722 NW 2ndAve., a single-story retail property with approximately 5,000 rentable square feet on a 10,000-square-foot lot.
About Thor Equities: Thor Equities is a leader in the development, leasing and management of commercial, residential, retail, hotel and mixed-use assets in premier urban locations worldwide. The company maximizes returns for investors by recognizing a property’s potential, reducing operating expenses, increasing tenant satisfaction, and leveraging market trends to maintain a long-term competitive edge. Thor Equities is also the exclusive representative of global retailers through Thor Retail Advisors, a premier leasing agent for marquee properties worldwide. For more information, visitwww.thorequities.com.
