Leases  ·  Retail

Thor Equities Signs Bottled Blonde to Long-Term Lease at Wynwood Walk

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Bottled Blonde LLC — an Arizona-based sports bar chain — has signed a long-term lease for 8,896 square feet of space at Thor Equities’ Wynwood Walk in Miami. 

The restaurant which brands itself as an Italian eatery that transitions to a “high energy nightclub” signed a 10-year lease valued at $10.7 million. The asking rents for the space were $100 per square foot.

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The location, the company’s first in Florida, will open at 239 NW 28th Street in October. 

“Wynwood is on a hot upswing and the tenants thought this location was the perfect fit for their concept,” Krista Karnis of ONE Sotheby’s International Realty, who brokered the lease for Bottled Blonde, told Commercial Observer.

The lease was originally completed in October 2019 but was contingent upon the restaurant receiving their liquor license, which it just attained. 

“The lease with Bottled Blonde is a testament to the resiliency of Miami,” said Joe Sitt, chairman of Thor in a statement to CO. “The one-of-a-kind venue is ideally suited for the Wynwood neighborhood, and we are pleased they have selected our development for their first location on the East Coast.”

Bottled Blonde also has outposts in Scottsdale, Ariz., Houston and Dallas.  

George Stanchfield of Thor Equities represented the firm in-house.

Update: This story has been updated to include a statement from Thor Equities.