Sebastian Faerman closes lease for new Freddo Gelato in Coral Gables

For Immediate Release (10/04/2019)

Sebastian Faerman of FA Commercial Advisors – Commercial division of Fortune International Realty – just closed a lease for 900 SF space located at 176 Giralda Avenue. Faerman represented the tenant – Freddo Gelato – in the transaction. The lease closed for an undisclosed amount on a 5-year lease with a renewal option.

Giralda Ave. is located parallel to Miracle Mile, where the Umbrella Sky Project was used to promote the inauguration of the newly built pedestrian street. The retail space is located on a portion of the pedestrian-only walkway, giving the tenants of the area major foot traffic & outdoor seating. Some of the tenants in the area include Graziano’s, The Local, Rice Kitchen, Clutch Burger, Espresso Cubano, Pokebao, Pasión del Cielo, Greenlife, Coyo Taco, and Divino Ceviche. Giralda is surrounded by major office buildings such as 121 Alhambra Plaza & Giralda Place which is home to WeWork.

With over 50 years’ expertise in leading the sector of artisanal gelato, Freddo is Argentina’s most renowned chain producing artisanal gelato. Not only does Freddo use the highest quality ingredients to make gelato, but it also combines tradition & innovation, which results in increased customer loyalty. As a market leader, Freddo keeps growing by ensuring its product quality, accredited with iso 22000 specifications, the world’s highest quality standards. Freddo now has over 180 branches in 8 countries. Other Miami location include Brickell, Sawgrass Mall, Doral, & a few other franchised locations are under development as well.

Currently FA Commercial and Freddo are in a partnership to help Freddo in their US expansion via franchising. If you are interested in becoming a Freddo Franchise owner click here for more info.

About FA Commercial

FA Commercial is a specialized team led by Fabio Faerman focusing on Investment sales, landlord & tenant representation, market analysis, site selection, strategy selection, and portfolio overview. Our approach is distinctive, comprehensive, and thorough. We capitalize on opportunities and provide clients with strategies for their real estate properties. Fabio Faerman is the director of the commercial division at Fortune International Realty where he has been the top producer 5 years in a row. Since 2002, Fabio and his team have sold over $1Billion in assets across South Florida.

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