Florida & Gulf Coast + South Florida + Net Lease | October 5, 2021

Miami Worldcenter Locks Up 90,000 SF of Retail Space in 90 Days

The $4 billion, 27-acre mixed-use development Miami Worldcenter in Downtown Miami has signed leases accounting for 90,000 square feet of retail space within the last 90 days:

*Sephora is taking 6,000 square feet along Miami Worldcenter’s 7th Street Promenade fronting the development’s World Square Plaza.

*Lucid Motors is taking nearly 23,000 square feet along Miami Worldcenter’s 1st Avenue and 10th Street.

*Bowlero, a retro-inspired entertainment center, will occupy more than 31,000 square feet within the development’s glass-encased ‘Jewel Box’ retail building overlooking World Square Plaza.

Miami Worldcenter’s newest tenants will occupy a total of 60,000 square feet of retail space, joining restaurants Chicago’s Maple & Ash and etta, and Chef Michael Beltran’s Brasserie Laurel and El Vecino. Retail leasing at Miami Worldcenter is led by CIM Group and The Comras Company. CIM Group and Comras represented the landlord all three transactions while the Comras team represented Sephora and Bowlero on the tenant side.

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About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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