BY: Katherine Kallergis
A Milan-based fashion school with locations in Florence, Paris, London and Shanghai will soon open its first school in the United States in Miami’s Design District, The Real Deal has learned. Istituto Marangoni signed a $13.5 million, 10-year lease for the Design District’s tallest building at 3701 Northeast Second Avenue.
Developer Alex Karakhanian of LNDMRK Development completed the building in December, and signed the lease about two months ago. Metro 1’s Tony Arellano and Andres Nava, along with Devlin Marinoff of Whitehall Realty Advisors, brokered the 22,000-square-foot lease for the seven-story Mason building, Arellano told TRD.
SOURCE: https://therealdeal.com/
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