Boreal Capital Management, JAB Holding Company, more | Downtown Miami

The Citigroup Center in downtown Miami gained five new tenants.

Asset management firm Boreal Capital Management has leased 12,500 square feet in the 34-story tower at 201 South Biscayne Boulevard, where it will relocate from its Brickell office in 2026, the landlord’s news release said. Boreal is currently located at 1450 Brickell Avenue in Miami, according to the company’s website.

New tenant JAB Holding Company, an investment firm, has opened its 9,000-square-foot office at Citigroup Center, the release said. Additionally, commercial real estate firm Onyx Funding opened its 3,200-square-foot office in the Tower, relocating from Wynwood.

Onyx’s previous office was located at 2200 Northwest 2nd Avenue in Miami, according to its website.

Others that have rented at Citigroup Center include an unnamed international government agency, which is also a new tenant on the market and will move into a 7,000-square-foot office next year; and automotive-marine terminal and logistics operator Horizon Auto Logistics, which took up 2,600 square feet, according to the release.

Capital Advertising also moved within the Citigroup Center and expanded to 2,100 square meters; and law firm Hughes Hubbard & Reed extended its lease for 15,000 square feet.

Steven Hurwitz and Doug Okun of JLL represented the landlords.

Cyril Bijaoui of Longstead at The Corcoran Group represented Boreal. Scott Weston and Marty Bradley of Maddux and Company represented JAB Holding. Tom Capocefalo and Amanda Montanez Alvarado of Savills represented the international government agency. Brent Palmer and Sharon Ellis of Palmer Property Group represented Horizon.

CP Group, Monarch Alternative Capital and Tourmaline Capital Partners own the 810,000 square foot Citigroup Center. CP purchased the tower in 2012 for $262.5 million, and Monarch and Tourmaline purchased Townsend Group’s ownership interest in the building for over $300 million in 2021.

Culto Fútbol | Miami Beach

A sporting goods retailer founded in Mexico will open its first U.S. store in Miami Beach ahead of the 2026 World Cup.

According to the landlord’s press release, Culto Fútbol, ​​which offers soccer apparel, soccer shoes and accessories, has leased 7,400 square feet at 744 Lincoln Road. It is expected to open next summer.

The store will offer official jerseys from Inter Miami CF, Los Angeles FC, Real Madrid, Club America, Tigres and Rayados, the press release said. Grupo Innovasport is the parent company of Culto Fútbol.

The property is owned by Miami Beach-based Comras Company, headed by Michael Comras.

VSE Corporation | Miramar

An aviation parts sales and maintenance and repair company will move its headquarters from Alexandria, Virginia, to Miramar.

VSE Corporation is leasing 143,000 square feet at Miramar Park of Commerce, according to a news release from Miramar Park of Commerce.

Peter “PJ” Apol and Ryan Goggins of Sunbeam Properties & Development represented the landlord. Matthew Cheezem of Cushman & Wakefield represented the tenant.

VSE has been leasing the industrial and office campus since 2014. In April, the company added 38,000 square feet at Miramar Park of Commerce through its acquisition of Turbine Controls, the release said. VSE’s premises also include 13,000 square meters that the company will renovate.

Sunbeam Properties, the real estate company owned by the billionaire Ansin family, which also owns WSVN-Channel 7, developed and owns Miramar Park of Commerce.

Barra Vieja | Doral

Chef and restaurateur Julian Medina opened his first Florida concept in the mixed-use complex Downtown Doral.

Mexican restaurant Barra Vieja has leased 4,900 square feet at 8450 Northwest 53rd Street in Doral, according to a news release from Downtown Doral. Raised in Mexico City, Medina is a New York-based chef.

Coral Gables-based Codina Partners is the lead developer of the 250-acre Downtown Doral. The company is led by father-daughter duo Armando Codina and Ana-Marie Codina Barlick.

MZ Wallace | Aventura Mall

Accessories brand MZ Wallace opens in Aventura.

The brand, founded by Monica Zwirner and Lucy Wallace Eustice in New York, will open a nearly 10,000-square-foot store at Aventura Mall on Saturday, according to a press release from the tenant and a spokesperson.

The space was designed by Adam Charlap Hyman, who was inspired by the late architect Gio Ponti’s marble-patterned rubber floors in the Pirelli Tower in Milan, Italy, the press release states. The Aventura Mall store will also feature artwork by David Shrigley.

Turnberry Associates, led by Jackie Soffer, and Simon Property Group, led by David Simon, own Aventura Mall.