Lincoln Road attracts fashion retailers

New York real estate investor expands Lincoln Road presence - 01/03/2013 | " . . . Thor sees opportunity to attract fashion retailers looking to enter the market. Lincoln has recently seen an influx of international retailers like H&M, Forever 21 and Lacoste. Joe Sitt, chairman and chief executive of Thor Equities, was one of the first institutional investors to see Lincoln Road’s potential when he started buying property more than five years ago. At the time Sitt says other institutional investors “laughed” because they thought the market was too much of a party town. Sitt has been outbid by some of those same investors on other recent attempts to purchase property on Lincoln. “Lincoln Road is the hottest retail street in all of Miami and is among the busiest corridors in the world,” Sitt said. . . . Read more here:

EDENS acquires Fifth & Alton retail center in South Beach - South Florida Business Journal: "The price of the deal wasn’t disclosed in a press release and has yet to appear in county records. However, EDENS said it has spent nearly $300 million acquiring properties in the Miami area in the past 24 months. EDENS’s previous purchases in South Florida were mapped out in the Business Journal in May. Tenants in the 180,000-square-foot center on Alton Road include Publix, Best Buy, Staples, TJ Maxx, Ross Dress for Less, Vitamin Shoppe, Petco, Brooklyn Water Bagel and TotalBank."

Meatless Miami: MAOZ Miami Beach: "Vegetarian-friendly: 100% Vegan-friendly: Yes We've already posted that there is a MAOZ in Boca but we're so excited because now there's one right on South Beach!  It's on Washington just across from the Fillmore so here's hoping they stay open late(r) for post-concert munchies. The premise of this Amsterdam-originated chain is simple: they serve up crispy falafel, either in a sandwich or on a salad.  You can start with "premium" add-ons (avocado, feta, hard-boiled egg), and/or just deck it out at the Salad bar, which has everything from roasted veggies to tabbouleh, salsa and sauces."

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