Black Lion, led by Robert Rivani, has expanded its food and beverage investments in Broward County with the purchase of Terrazas at Hyde Resort & Residences in Hollywood. This acquisition marks the company’s second restaurant purchase within a South Florida sbe-branded property in the past six months.

Summary of transation details

• Property Type: Retail
• Sale Price: $3,100,000
• Square Footage: 6,000
• Price per Square Foot: $517
• Address: 4111 S Ocean Dr, Hollywood
• Market: Hollywood

Robert Rivani, the president of Black Lion, expressed their eagerness to invest in another unique restaurant space in South Florida after the acquisition of the former Katsuya space at SLS Lux in Brickell. They aim to further enhance the appeal of Terrazas at Hyde Resort & Residences and are excited to work alongside the renowned sbe brand once again.