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Related Companies Pays $12.2 Million for Equinox & Soul Cycle at Related Group's Brickell Heights

Related Companies Pays $12.2 Million for Equinox & Soul Cycle at Related Group's Brickell Heights

July 26, 2017

The Related Companies has paid $12.2 million for the commercial space leased to Equinox Club and SoulCycle Studio at Brickell Heights. The Equinox Club is three-stories and 30,000 SF while the SoulCycle studio spans about 6,000 SF. The Equinox Club features its own private pool and tanning area on the Brickell Heights amenity deck accessible only to members. 
 
“The closing of Equinox and SoulCycle units Brickell Heights is another step forward in our efforts to transform South Miami Ave. into a vibrant, pedestrian friendly corridor in the same vein as Lincoln Road. Brickell is thriving, and these closings show a long-term commitment to further establish the area as a bustling neighborhood to live, work and play. Our buyers at both Brickell Heights and SLS LUX are excited about these changes and can’t wait to start living the lifestyle,” said Carlos Rosso, President of the Related Group’s condo division.  

Related Companies Pays $12.2 Million for Equinox & Soul Cycle at Related Group's Brickell Heights

The combo fitness clubs are located in Related Group's Brickell Heights, which is a two-tower, 690-unit luxury condominium development that opened earlier this Brickell’s South Miami Avenue. Brickell Heights is located next to Mary Brickell Village, Swire's Brickell City Centre, which opened in late 2016, and SLS LUX Hotel and Residences, a joint-venture between The Related Group, The Allen Morris Company and will be operated by SBE. Brickell Heights includes a three-story, 30,000 SF Equinox Club, as well as a 6,000 SF SoulCycle studio, the first in Brickell. Brickell Heights was designed by Arquitectonica. 

Related Companies Pays $12.2 Million for Equinox & Soul Cycle at Related Group's Brickell Heights
Related Companies Pays $12.2 Million for Equinox & Soul Cycle at Related Group's Brickell Heights
Related Companies Pays $12.2 Million for Equinox & Soul Cycle at Related Group's Brickell Heights
Related Companies Pays $12.2 Million for Equinox & Soul Cycle at Related Group's Brickell Heights
Related Companies Pays $12.2 Million for Equinox & Soul Cycle at Related Group's Brickell Heights
In Brickell, News, Retail Tags Related Group, The Related Group, Related Companies, Stephen Ross, Carlos Rosso, Brickell, Brickell Heights, Commercial, News, Retail, Equinox, The Equinox Club, Soul Cycle
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