TRANSACTION HIGHLIGHTS
NNN Deal
Tenant: Philippe Chow
Lease Term: 15 Years
Retail Size: 13,992 SF
Address: 1 Collins Ave, Miami Beach
Black Lion Locks in Philippe by Philippe Chow at Trophy One Ocean Location, Completing Robert Rivani’s SoFi ‘Restaurant Row
Real estate visionary and President of Black Lion, Robert Rivani, announces celebrated New York-based restaurant Philippe by Philippe Chow has signed a 15 year lease to occupy the coveted restaurant space at One Ocean South Beach, with plans to open a flagship outpost in around 18 months. The revered restauranter is bringing the brand’s legacy of sophisticated Beijing-inspired dining to Black Lion’s entire ground floor space at One Ocean in the heart of the South of Fifth neighborhood.
“Landing a legendary restaurant brand with an incredible following is in step with Black Lion’s vision to curate an epicenter for elevated dining and nightlife experiences and breathe new life into the high demand South of Fifth district that was heavily underutilized,” said Robert Rivani. “Philippe by Philippe Chow will deliver a culinary cornerstone unique to the neighborhood and is the perfect fit for its future.”
Philippe by Philippe Chow will occupy 13,500+ square-feet on the corner of South Pointe and Ocean Drive. Attached to multi-million dollar residential condos, the space interiors span 10,000-square-feet with 3,500-square-feet of exteriors.
QUOTE FROM PHILIPPE BY PHILIPPE CHOW TEAM?
This will be Philippe by Philippe Chow’s fourth location in the United States, following its Washington DC Wharf outpost. With nearly two decades of storied history, the Chinese eatery is a carefully crafted offering where substance drives notoriety. Meticulously designed signature dishes are infused with the flavor of Chow’s upbringing and made with the freshest ingredients, including the legendary Peking Duck, carved tableside for an unparalleled experience.
Black Lion was represented by Fabio Faerman and Sebastian Faerman with FA Commercial, while Philippe Chow was represented by Jeremy Modest & Ryan Tucker of RIPCO.
Specializing in ownership of flagship restaurant properties, Rivani’s vision for Black Lion’s transformative “Restaurant Row” along South Pointe Drive is now complete, with Philippe by Philippe Chow anchoring One Ocean South Beach, Catch Miami Beach opening at the Continuum high-rise this fall, and Marea Condominium’s multi-restaurant space reaching 100% occupancy with Kosushi Miami, a Brazilian-based Michelin Star restaurant; RED, a locals-favorite steakhouse; and a soon-to-be-announced, world-renowned tenant.
Since 2022, Black Lion has secured over $100 million in acquisitions across South Florida with a rapidly expanding portfolio of restaurant/hospitality properties from Miami Beach to Wynwood, Brickell and Downtown – including the space for Gekko by David Grutman x Bad Bunny; Amara at Paraiso with chef Michael Schwartz; Wynwood Jungle with a newly opened Fable rooftop restaurant; the ground floor of Zaha Hadid’s iconic One Thousand Museum; and Delilah at Brickell Bay boardwalk.
About FA Commercial
FA Commercial is a specialized team led by Fabio Faerman. The team focuses on investment sales, landlord representation, and tenant representation. We capitalize on opportunities and provide clients with strategies for their real estate properties with a distinctive approach. Fabio Faerman is the director of the commercial division at Fortune International Realty. He has been the top producer for Fortune 9 years in a row. Since 2002, FA Commercial has sold and leased over $1 billion in assets across South Florida.