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July 25, 2017 (Miami, FL) – Prime office condominium located at 1000 Brickell Avenue has sold for about $900,000. Fabio Faerman from Fortune International Realty/FA Commercial Advisors was the broker representing both parts.

After being paying rent for, Faerman advised the buyer to about the benefits of purchasing instead of renting in a market where vacancy is as low as 9.4 percent in the second quarter of 2017. The office market in Miami-Dade has seen rental rates increased during 2017 which shows a continued demand for luxury office. Purchasing of the property made perfect sense for the client.

The building is in the heart of the financial district and offers deluxe office spaces. The proximity to major entertainment centers such as Mary Brickell Village and the new Brickell City Centre make of the subject property an exceptional asset. The unit features nice private offices and large space area. Plenty of sunlight from oversized windows and six assigned parking spaces.

“Investors interest is focused on the Great Miami Area, properties like the 1000 Brickell avenue offers a perfect opportunity to any investor to capitalized their money or for an end-user to settle their business in one of the most exclusive areas in Miami. In this case, we advised the clients on the purchasing of the property, based on the benefits of buying, amortization, depreciation, mortgages interest, deduction, etc.” Said Fabio Faerman, FIR Commercial Director.

About Fabio Faerman

CEO of FA Commercial Advisors and Commercial Division Director at Fortune International Realty. Also, a CCIM member, Commercial Real Estate Investment Advisor, Broker Associate, and for the last four consecutive years, he has been awarded as the #1 Nationwide Top Broker of Fortune International Realty.

 

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July 25, 2017 (Miami, FL)Fabio Faerman Fortune International Realty/Fa Commercial Advisors represented the landlord in the signing of a Multi-Year lease for a full-floor office space at one of the most prestigious downtown mixed-use building. 

Genius Plaza, New York based-company has signed a $1.5M lease deal for the entire 12,000-square-foot fourth floor at the 63-Story 900 Biscayne. The leading provider of high-performance education platform solutions is opening its first office in Miami and creating more than 50 new jobs in Miami-Dade County.

Key Facts:

  • Gross Lease deal with 3% annual increases.
  • Unique characteristics of the property which include private offices, conference rooms, open co-working space, kitchen, Meeting Rooms & Event/ Studio Space.
  • Exceptional well-located office space in downtown Miami
    • Almost across the street from Museum Park, PAMM, American Airlines Arena, Patricia and Phillip Frost Museum of Science, Adrienne Arsht Center for the Performing Arts.
    • Attractive Demographic Profile — Exceptionally well located in affluent, business, and densely populated downtown Miami Area
    • High Traffic Intersection — With an Annual Average Daily Traffic (AADT) 41,000 on Biscayne Boulevard.
    • Very Walkable – 87 Walk Score.
    • Adjacent to the New Development Miami Worldcenter.
    • 4 Blocks away from All Aboard Florida.
    • Just a few blocks from Brickell and Brickell City Centre.
    • Metro Mover Station behind the building.

 Key Quote:

Fabio Faerman, Commercial Director, Fortune International Realty, and CEO Fa Commercial Advisors.

“This deal represented a unique opportunity for Genius Plaza who was looking to establish their multicultural education platform in Miami. Downtown is the commercial heart of one of Florida’s largest population, purchasing, and employment market; which makes it the destination for global business and that is the reason companies strategically choose it to be a part of the city’s core.”

Genius Plaza was created by a diverse group of educators, programmers, designers, and leaders who believe that education is the only sustainable development vehicle that is available to all, with access as the only barrier.

About Fabio Faerman

CEO of FA Commercial Advisors and the Commercial Division at Fortune International Realty. Also, a CCIM member, Commercial Real Estate Investment Advisor, Broker Associate, and for the last four consecutive years, he has been awarded as the #1 Nationwide Top Broker of Fortune International Realty.

 

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BrickellHouse & Fabio Faerman on the article published at TRD-Miami

 

July 25, 2017 (Miami, FL)Fabio Faerman Fortune International Realty/FA Commercial Advisors completed the sale of Brickell House ground floor retail at 1300 Brickell Bay Drive in Miami, Florida, to a European private investor. Brickell House’s high-end retail space was sold for $5.2 million and the sale netted 5% CAP rate for the investor. Mr. Faerman represented both parties in the transaction.

The commercial space totals 4,083 square feet on the ground floor and 1,104 square feet on the mezzanine level. The sale breaks down to about $1000 per square foot. The subject property houses “La Petite Maison” – the famous upscale French-Mediterranean eatery with locations in Dubai and London.

This is the first US location for the London-based French restaurant. Arjun Waney, the restaurateur known for Zuma and most recently Doa, is behind the international concept of “La Petite Maison”

Faerman, FIR Commercial Director and FA Commercial CEO, commented on the latest transaction. “This is a high-quality, class “A” asset with an excellent credit tenant in place – La Petite Maison – in an extremely strong submarket such as Brickell. This income producing property certainly represented a unique opportunity to own a prime retail space in Brickell, a very attractive market to both local and international investors.”

Miami is undoubtedly a global destination; a cultural and social axis where people and cultures mingle and grow, creating a metropolitan platform ideal for cultural and international venues.

Fabio Faerman and his team have consistently contributed to the progress of Brickell and the entire South Florida commercial real estate landscape by acting as a broker/consultant on high-profile transactions. Recently, Mr. Faerman proudly assisted on the closing of notable deals such as Cipriani, a luxury restaurant owned by the sons of famed restaurateur Giuseppe Cipriani,  and La Cantina Veinte, a refined Mexican locale in a glitzy space with an outdoor patio and authentic curios in the heart of Brickell.

 

 

About Fabio Faerman

CEO of FA Commercial Advisors and the Commercial Division at Fortune International Realty. Also, a CCIM member, Commercial Real Estate Investment Advisor, Broker Associate, and for the last four consecutive years, he has been awarded as the #1 Nationwide Top Broker of Fortune International Realty.

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Miami, Fla., [Feb. 27, 2017]For four consecutive years, Mr. Faerman has achieved the honor of being the #1 National Top Producer Broker of the year within Fortune International Realty (FIR).  With more than ten years in commercial real estate, Fabio is a talented professional who delivers innovative advisory and transaction solutions to local, national and global clients. His commitment to the real estate industry has built meaningful businesses and success, not only for its clients but also for the whole South Florida’s Market.
For growing both leasing and investment sales volumes during 2016 Mr. Faerman achieved more than $500 M in commercial real estate transactions; which made him FIR’s number one top national producer in 2016. Mr. Faerman has also earned this distinction in 2013, 2014, 2015, and he has been a Member of the Platinum Circle of sales for more than 10 years now.
On Wednesday, February 22, 2017, Fabio received the recognition during the FIR Awards Ceremony held at the Grand Bay Club in Key Biscayne, FL, Edgardo DeFortuna, president and CEO of FIR, presented the award.
“Receiving this award means the achievement of a milestone for me and my team, and now we are already working on the next one.” Said Fabio Faerman. Mr. Faerman is constantly seeking the excellence, performing at his highest levels, and as he says he is in always “working hard, going the extra mile, and never giving up”.
The expertise of Mr. Faerman on the national CRE market made him able to advised their clients on the best solutions for their CRE needs. 2016 was an active year in the commercial real estate market following global trends such as urbanization as boomers and Millennials seek enhanced access to jobs and amenities, and the continued increased of retail on urban core.
Fabio and his team have made of 2016 another successful year, helping new businesses and investors in the National CRE market, and already working on making 2017 a better and more successful year.

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FA Commercial Advisors

Unparalleled Commercial Real Estate Services.

For any of your CRE needs just contact us at commercial@fir.com 

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FA Commercial / Fortune International Realty brings another great business to Brickell.
1060 Brickell has a new tenant who will bring Kickboxing & Bootcamp to the financial district.

Miami, Fla., September 13, 2016 – The Cage, the first only boxing gym arrived to Brickell this August 2016, offering personalized classes, high-tech gym app, and free showers. The gym leased a space at the mezzanine level at 1060 Brickell Avenue.

The Cage has signed a 5-year lease for 2,320 SF, according to Fabio Faerman, Fortune International Realty (FIR) – Commercial Division CEO who led the negotiations for the landlord in this lease transaction. The 1060 Brickell – Mezzanine was leased for $47 per SF said Mr. Faerman.

The Cage based on the supreme techniques of Kickboxing, Muay Thai & BootCamp, offers a variety of group and personal training classes for the best short and long term body results. Also, this innovative gym joins all the services offered with a mobile boxing app, and online apparel store.

The Cage is a new concept in Brickell, that fits perfectly within the atmosphere of the area, people looking to improve their health, relief stress, and toned their bodies with trendy and alternative techniques. “The Cage is just perfect for Brickell. At FA Commercial we are always looking to evolve at the same pace that the city, bringing high-profile retail that covers all the community needs” said Fabio Faerman.

Continuing with their purpose of bringing the best quality tenants to South Florida, Mr. Faerman and his team currently, represents other business opportunities in the tri-county area.

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Bringing more art to Miami is something that nobody can object. I myself love the idea of more art inmetrorail-863816_1920 the city but what I do not agree is the fact that Miami’s residents have to pay some punishing fee for that.

 

There are already many taxes, fees, and delays when it comes to the approval of city’s permit for construction. Instead of charging these fees to residents I believe it should be charged to tourists, not high fees, small fees to tourists would be enough to reach the intended purpose.

 

Let’s not make more taxes. Let private institutions develop art in the city giving them more freedom. Let’s encourage more donations but no more taxes because all that does is generate expensive local prices, fewer jobs, and less economic growth for the city.

To read the ordinance click on the link below:

Miami Art Ordinance

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The largest company in the Brazilian wallpaper market
Orlean chose Design District to open its first showroom in America.

Friday, April 1, 2016 (MIAMI, FLORIDA) – Fabio F. Faerman and Alexandra Bonti of FA Commercial/ Fortune International Realty assisted Orlean -to find the perfect place for its first showroom in America. The lease transaction represented a value of $1 Million.

Orlean rented a total of 2,010 SF located at 3801 North Miami Ave in Design District. The deal was signed for 5 years. “Our client –Orlean- was looking for the perfect place to open its doors in the USA. We were able to understand their business, work with their needs and find them the ideal place in the ideal neighborhood for them: Miami design district” says Fabio Faerman.

Miami Design District it’s the perfect place for Orlean to open its first showroom out of Brazil. Founded in 1985 in Rio de Janeiro, the company has four stores in the best neighborhoods of Rio de Janeiro and Sao Paulo. Orlean is one of the leading wallpapers and fabrics distributors in Brazil and distributes its products in more than 1500 shops in the whole South America.

Opening this showroom in Miami it was part of Orlean’s expansion strategy. A showroom in Miami Design District, a neighborhood of high-end decoration will contribute to the brand display in America, which one of their main goals it is to establish Orlean as the major Florida wallpaper and fabrics display. They expect to open 15 shops throughout Florida in the next 3 years. Therefore, design district suits to implement their purposes.

Fifteen years ago, entrepreneur and Miami native Craig Robins recognized the potential of the Miami Design District and started acquiring and redefining properties in the area. Through careful stewardship. The Design District began to juxtapose design brands with internationally important art collections, phenomenal temporary and permanent art and design installations, and great restaurants.

Fabio Faerman and his team at FA Commercial are thrilled to contribute to the progress of Miami and the entire South Florida’s commercial real estate market with deals like this. They to offer international and local clients, the most exceptional service, and guidance through the commercial real estate process.

Source:

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Mr. Faerman has been Fortune international Realty’s #1 Top Producer Broker for the last three years, and a member of the Platinum Circle of sales for more than 10 years now.

For the third year in a row, Fabio has achieved the recognition as Fortune International Realty’s # 1 Top Broker. Exceptional professional ethics, superior understanding and mastery knowledge of commercial real estate are the qualities that make Fabio F. Faerman a top producer broker with over $500 M in commercial properties sales.

Fabio received this honor on Monday, February 29, 2016, during the annual Fortune Awards Ceremony held at the exclusive Brickell Avenue’s Conrad Miami Hotel. The award was presented by Edgardo DeFortuna, president and CEO of Fortune International Realty, Miami’s leading brokerage firm with a global reach.ea

“This prestigious recognition is a very significant achievement, not only for me but also for my entire team. I am very excited to provide my clients with the most exceptional service, and guiding them through the commercial real estate process with absolutely personalized care” said Fabio F. Faerman.

Fabio is always seeking excellence and performing at the highest level. Being an exceptional leader in Miami’s commercial real estate industry; Mr. Faerman closed the highest overall transaction volumes in commercial property sales and leases becoming the number 1 top producer broker on Fortune International Realty.

2015 was a very active year in the commercial real estate market seeing office sales at their highest levels in years and a decline in the vacancy rate, as well as hotel and retail development increases.  Fabio has made the most of these market conditions leading the sales team of One Flagler, a condo office conversion in the heart of downtown Miami. One year after winning the exclusive sales assignment of One Flagler, the iconic building is 90 percent sold. Constantly a contributor to Miami’s commercial real estate growth, Fabio has brought new and exciting businesses to the city as the one located at Millicento retail spaces in Brickell & Icon Brickell retail spaces. 

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About the Awards
Fortune International Group held once a year the Fortune Awards Ceremony where President and CEO Edgardo Defortuna takes the stage to congratulate Fortune’s top producers. Top producers made 2015 a success with over 4 billion in general real estate and development sales combined.
About Fabio F. Faerman
Fabio F. Faerman is the President & Chief Executive Officer of FA Commercial Advisors – Fortune’s Commercial Division. FA Commercial provides a complete range of commercial real estate brokerage services – including owner and tenant leasing, acquisition and sales, marketing and consulting – to owners, investors and lessees of all property types. Fabio has acquired a degree in Architecture from the University of Buenos Aires, a Master’s degree in Construction and Real Estate from the University of Madrid. He is also a Certified Commercial Investment Member and a Commercial Real Estate Investment Advisor.