NEW YORK — Zara, the Spanish fashion chain, is coming to South Beach, Fla., with a 10,000-square-foot, one-level store, according to Gene Spiegelman, executive director of Cushman & Wakefield, the real estate company representing the landlord on the deal.
Zara will be in The 500 Block of Collins Avenue, an urban retail development in the heart of South Beach, and a block from the ocean. Equinox already took a 25,000-square-foot space on the development's second floor.
Zara will have two entrances, for its women's and men's collections, and is expected to open around the end of this year or in early 2006, Spiegelman said. It will be on the northeast corner of Sixth Street and Collins Avenue.
Zara has three other Florida stores, in the Aventura and Dadeland malls, both in the Miami area, and in the Millenia mall in Orlando.
As far as remaining space in The 500 Block of Collins Avenue, "There's 5,000 square feet left and five slots to fill," Spiegelman said. "We are negotiating with contemporary apparel and accessory firms to complete the leasing."
Jeffrey C. Paisner, executive managing director of The Lansco Corp., represented Zara, a division of Inditex, based in La Coruna, Spain. "Zara continues to get positive results in diverse areas of the country and continues to look for opportunities," Paisner said.