CBRE Group, Inc. has been exclusively retained to lease retail space at Vizcayne Retail, a retail center that is an integral part of Vizcayne, a luxury mixed-use development in downtown Miami that contains 849 condominiums with 2,000 residents. Located at 200 Biscayne Boulevard, Vizcayne’s two residential towers form part of the “Biscayne Wall,” a series of skyscrapers that overlook Biscayne Bay. CBRE’s Paco Diaz and Danny Diaz are representing the owner, Stoltz, who purchased the retail asset in May of 2015.
“CBRE will be seeking unique retailers and restaurants that will draw residents and tourists alike, and will be able to fully leverage the prestigious Biscayne Boulevard address. An influx of new retail will reinvigorate the shopping and dining along Biscayne Boulevard and enhance the ever-growing Downtown Miami market,” said Paco Diaz, CBRE Senior Vice President, Retail Services.
Vizcayne Retail consists of 55,293 square feet of retail space and a 126-space parking garage underneath the two, 49-story condominium towers. Retail tenants include CVS, The Learning Experience, Zona Fresca, Orange Theory Fitness, Smoothie King, Café Papillon, and BNT Nails. Currently, 11,000 square feet is available.
Running along scenic Biscayne Bay, Biscayne Blvd is both a major traffic artery and tourist attraction in Downtown Miami. The average daily traffic count at the property exceeds 38,000 vehicles.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
