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MIAMI - Michimich -- GP Global Group-Real Estate Consultants, a leading commercial real estate brokerage firm, announced the successful sale of an iconic restaurant located in the Brickell Financial District at 1200 Brickell Avenue. The property was previously leased by Morton's of Chicago for 22 years and is now leased by the select Dirty French Steakhouse Restaurant, part of the renowned Major Food Group from New York City. The final sale price was set at $6.9 million.
Representing the seller, GP Global Group's Ernesto Pentenero, Jose Garanton, and Mario Ruiz, successfully negotiated the sale of the highly desirable corner location, situated in the heart of the bustling Brickell Avenue business district, which has long been a landmark destination for locals and visitors alike, playing an important role in the city's dining scene for many years.
"We are thrilled to have facilitated the sale of such an iconic restaurant located in the heart of Miami's financial district," said Ernesto Pentenero, Managing Partner of GP Global Group. "Our team worked closely with the seller to find the right buyer and negotiate favorable terms for both parties. We are confident that the new owners will continue to build on the location's legacy as a premier destination for dining and entertainment."
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Representing the landlord, in 2020 GP Global Group also negotiated the new long-term leaseholder, Dirty French Steakhouse Restaurant (www.dirtyfrench.com), part of Major Food Group of NYC (www.majorfood.com), an established hospitality company with a proven track record of success in the industry. The restaurant brings a unique blend of French-inspired cuisine and downtown Miami style, adding to the area's diverse dining options and reflecting the city's energy and style.
With its prime location and exciting new leaseholder, the 8,640-square-foot eatery is sure to remain a top destination for years to come. GP Global Group looks forward to continuing to serve the needs of its clients in the Miami area and beyond.
For more information about GP Global Group and its services, please visit http://www.gpglobalgroup.com
Representing the seller, GP Global Group's Ernesto Pentenero, Jose Garanton, and Mario Ruiz, successfully negotiated the sale of the highly desirable corner location, situated in the heart of the bustling Brickell Avenue business district, which has long been a landmark destination for locals and visitors alike, playing an important role in the city's dining scene for many years.
"We are thrilled to have facilitated the sale of such an iconic restaurant located in the heart of Miami's financial district," said Ernesto Pentenero, Managing Partner of GP Global Group. "Our team worked closely with the seller to find the right buyer and negotiate favorable terms for both parties. We are confident that the new owners will continue to build on the location's legacy as a premier destination for dining and entertainment."
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Representing the landlord, in 2020 GP Global Group also negotiated the new long-term leaseholder, Dirty French Steakhouse Restaurant (www.dirtyfrench.com), part of Major Food Group of NYC (www.majorfood.com), an established hospitality company with a proven track record of success in the industry. The restaurant brings a unique blend of French-inspired cuisine and downtown Miami style, adding to the area's diverse dining options and reflecting the city's energy and style.
With its prime location and exciting new leaseholder, the 8,640-square-foot eatery is sure to remain a top destination for years to come. GP Global Group looks forward to continuing to serve the needs of its clients in the Miami area and beyond.
For more information about GP Global Group and its services, please visit http://www.gpglobalgroup.com
Source: GP Global Group - Real Estate Consultants
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