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1111 Lincoln Road Announces Yoyoso USA as Newest Retail Tenant

Colliers International South Florida brokered the 6,000 square foot lease for lifestyle brand’s flagship store in Miami Beach

MIAMI (Oct. 27, 2019) – Colliers International South Florida is pleased to announce that its leading retail division’s Executive Managing Directors Steven Henenfeld and Jonathan Carter, brokered a lease with lifestyle brand Yoyoso USA at 1111 Lincoln Road - one of the most iconic properties on Miami Beach’s historically significant Lincoln Road. 1111 Lincoln Road will serve as Yoyoso USA’s Miami flagship location, the brand’s third location in the country.

China-based Yoyoso USA will occupy approximately 6,000 square feet of retail space at the property. The lifestyle brand, which has 1,200 locations worldwide, offers a wide selection of eclectic products with accessible price points ranging from home and living, gifts, toys, health, beauty products, jewelry, travel, digital, fashion and jewelry accessories.

Steven Henenfeld and Jonathan Carter, Executive Managing Directors of Colliers International South Florida’s retail team, represented the landlord in the transaction. Andrea Blade, Principal of National Retail Advisory Group, represented the tenant in the transaction.

 “Having Yoyoso USA choose 1111 Lincoln Road as its flagship location in Miami is a true testament to the careful thought process ownership implemented when seeking out the appropriate brands and businesses that will positively enhance South Florida and that local and international visitors will enjoy,” said Carter. “Our retail team is uniquely equipped to create an exceptional mix of retail experiences that complement each other and we’re looking forward to welcoming Yoyoso USA to Miami, especially at such a pivotal time during Lincoln Road’s transformation.”

Designed by internationally-recognized Swiss architects Herzog & de Meuron and located at the entrance of Lincoln Road’s pedestrian promenade, 1111 Lincoln Road is one of the most captivating destinations in Miami Beach that celebrates the character and rich history of Lincoln Road. The property features architecturally impactful design and a diverse array of offerings including contemporary office space, high-end boutique retail and restaurants, parking and an event space with sweeping panoramic views of Miami’s skyline and beaches.

“A move to 1111 Lincoln Road is a proud and exciting moment for us. We chose to open Yoyoso USA at 1111 Lincoln Road because it is one of Miami’s most beautiful artistic structures in the heart of Lincoln Road and Miami Beach that’s synonymous with our vision and growth strategy and we are confident that the Miami community will welcome us,” added Jeramy Oliver Revah, Agent and Principal of Yoyoso USA.

Yoyoso USA joins current tenants that have opened shop at 1111 Lincoln Road including Shake Shack, Nespresso, Ted Baker London, Framed, Blue Mercury, Osklen, Taschen and Juvia, among others.

A true South Florida landmark and one of the National Register of Historic Places in 2011, Lincoln Road is a highly trafficked mile long pedestrian promenade that serves as a cultural oasis for local and international visitors seeking world-class shopping, dining and entertainment concepts. It will be undertaking a unique transformation, such as operational enhancements and additional spaces for public art installations, in collaboration with James Corner Field Operations, the New York based landscape architecture firm known for The High Line in Manhattan.

Yoyoso USA is slated to open in Summer 2020.


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Stephen Rutchik

Executive Managing Director -Office Services

Miami

Stephen Rutchik is a veteran of the commercial real estate industry, focusing on Class A agency and tenant representation services for office clients in South Florida and across the United States. He also provides investment and asset management consulting services to institutional clients.
Stephen has built a  team of  passionate, driven commercial real estate professionals, offering expertise to office and industrial occupiers and investors across South Florida.

Stephen and his team joined Colliers International in 2015, after four years as Senior Vice President of Brokerage at Jones Lang LaSalle and more than eight years as Vice President of Office Services at Grubb & Ellis Company, where he was responsible for the delivery of services to tenants, owners and investors of commercial real estate in South Florida. Stephen specializes in leasing transactions, representing the needs of both landlords and tenants, giving them the diverse knowledge and ability to adapt to South Florida’s unique real estate market challenges.

“Team Kingsley- Rutchik aligns our strategies with our clients’ business goals and provides a wealth of accurate, specific market intelligence to support their real estate decisions.”

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