616 Collins Avenue West Block Between 6Th and 7Th Streets | Miami Beach, Fl
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616 COLLINS AVENUE WEST BLOCK BETWEEN 6TH AND 7TH STREETS | MIAMI BEACH, FL RKF has been retained as the exclusive agent for the sale of 616 Collins Avenue. Located in the heart of the Collins Avenue/ Miami Beach retail corridor, 616 Collins Avenue is ideally situated in one of the most highly trafficked tourist destinations in Florida. The building sits on a 9,477-SF lot, one-half block south of a municipal structured parking lot on the west of Collins Avenue corridor between 6th and 7th Streets with 50 feet of frontage. The Collins Avenue fashion extends from 5th to 10th Street, 616 Collins Avenue a strategically located within this retail destination with a year-round mix of tourists, local residents, convention visitors and business professionals. 616 Collins Avenue is being exclusively offered to a select group of investors. This is a rare opportunity to acquire a trophy building with significant future upside in Miami’s most dynamic retail, entertainment and tourist destination. FOR MORE INFORMATION CONTACT EXCLUSIVE AGENTS JOHN ELLIS 305.372.6204 | [email protected] BENJAMIN MANDELL 305.372.6211 | [email protected] DREW SCHAUL 305.372.6202 | [email protected] RKF INVESTMENT SALES & ADVISORY SERVICES 800 Brickell Avenue, Suite 502, Miami, FL 33131 | T 305.372.6200 | F 305.372.6210 | [email protected] | www.rkf.com © 2015 RKF GROUP FLORIDA, LLC All information supplied is from sources deemed reliable and is furnished subject to errors, omissions, modifications, removal of the listing from sale or lease, and to any listing conditions, including the rates and manner of payment of commissions for particular offerings imposed by RKF or principals, the terms of which are available to principals orduly licensed brokers. This information may include estimates and projections prepared by RKF with respect to future events, and these future events may or may not actually occur. Such estimates and projections reflect various assumptions concerning anticipated results. While RKF believes these assumptions are reasonable, there can be no assurance that any of these estimates and projections will prove to have been correct. Therefore, actual results may vary materially from these forward-thinking estimates and projections. Any square footage dimensions set forth are approximate. 616 COLLINS AVENUE CONFIDENTIALITY AGREEMENT You (the “Customer”) have advised RKF GROUP FLORIDA, LLC, its affiliates, successors and assigns (collectively “RKF”) that the Customer wishes to register as a potential purchaser of 616 Collins Avenue, Miami Beach, FL. RKF has been retained by Ashkenazy Acquisitions Corporation (the “Owner”) with respect to the offering of the Property for sale. The Owner has indicated that all inquiries and communications with respect to the contemplated sale of the Property be directed to RKF. All Fees due RKF in connection with the sale of the Property shall be paid by the Owner. RKF has available for review certain information concerning the Property which includes brochures and other materials (collectively “Informational Materials”). RKF will not make such Informational Materials available to the Customer unless and until the Customer has executed this agreement. As a condition to RKF’s furnishing the Information Materials to the Customer, whether such information is furnished by RKF, RKF’s employees, agents or representatives (including attorneys and financial advisors) (collectively, the “RKF’s Representatives”), the Customer and its affiliates, subsidiaries, directors, officers, employees, agents and advisors (collectively, “Customer’s Representatives”) agree to treat the Information Materials, regardless of who prepared it, in accordance with the provisions of this Agreement and to take or refrain from taking certain actions herein set forth. 1. All Informational Materials relating to the Property which may be furnished to the Customer by RKF shall continue to be the Property of the Owner and RKF. The Informational Materials will: (i) be kept strictly confidential by the Customer and Customer’s Representatives; (ii) be used solely by the Customer for the purpose of evaluating a potential purchase of the Property; and (iii) not be copied or duplicated without RKF’s written consent. Upon written request by RKF, which request will include an address and shipping instructions, Customer hereby agrees to return any and all Informational materials to RKF. 2. The Customer will not disclose the Informational Materials to any person unless RKF has approved in writing such disclosure, provided, however, that the Informational Materials may be disclosed to the Customer’s Representatives, for the sole purpose of evaluating the potential purchase of the Property; it being understood that: (a) such Customer’s Representatives shall be informed by Customer of the confidential nature of such information and Customer’s responsibilities under this Confidentiality Agreement with respect thereto; and, (b) Customer shall use best efforts to direct and cause such Customer’s Representatives to treat such information confidentially. The Customer hereby acknowledges the confidential nature of the Informational Materials. 3. In addition, the Customer agrees that, without RKF’s written consent, the Customer will not, and will direct Customer’s Representatives not to, disclose to any person either the fact that investigations or discussions are taking place concerning the Property, or any of the terms, conditions or other facts with respect to the Property, or any potential transaction in connection therewith, including the status thereof. 4. The Customer understands and acknowledges that RKF and the Owner do not make any representation or warranty as to the accuracy or completeness of the Informational Materials and that the information used in the preparation of the Informational Materials was furnished to RKF by others and has not been independently verified by RKF and is not guaranteed as to completeness or Accuracy. The Customer agrees that neither RKF nor the Owner shall have any liability for any reason to Customer or Customer’s Representatives resulting from the use of the Information Materials by Customer or Customer’s Representatives, or for any other information (whether oral or written) provided or alleged to have been provided to Customer or Customer’s Representatives. 5. It is understood and agreed that money damages would not be a sufficient remedy for any breach of this Agreement by Customer and that RKF and Owner shall be entitled to specific performance or other equitable relief as a remedy for any such breach. Such remedy shall not be deemed to be the exclusive remedy for Customer’s breach of this Agreement but shall be in addition to all other remedies available at law or in equity to RKF and the Owner. Customer agrees that the provisions of this Agreement shall be deemed to apply, with equal force and effect, to Customer’s Representatives, affiliates, or associates, as if such persons were a signatory hereto and that Customer shall be responsible for any breach of the provisions of this Agreement by Customer’s Representatives, affiliates or associates. 6. In the event that Customer or Customer’s Representatives receive a request or demand to disclose all or any part of the information contained in the Information Materials under the terms of a subpoena or order issued by a court of competent jurisdiction or otherwise, Customer agrees to (i) promptly notify RKF and Owner of the existence, terms and circumstances surrounding such a request so that RKF and the Owner may seek a protective order or other appropriate relief or remedy or waive compliance with the terms of this agreement, (ii) consult with us on the advisability of taking steps to resist or narrow such request provided that Customer shall not be subjected to any liability or undue expense or burden, and (iii) if disclosure of such information is required, disclose such information. 616 COLLINS AVENUE | RKF INVESTMENT SALES & ADVISORY SERVICES 616 COLLINS AVENUE CONFIDENTIALITY AGREEMENT 7. All notices, consents, requests, approvals and other communications provided for herein shall be made in writing and shall be delivered personally, by facsimile transmission, or by first class mail, postage prepaid, to the addresses provided on the first page of this agreement. Notices delivered personally or by facsimile transmission shall be effective upon receipt. Notices sent by first class mail shall be effective three days subsequent to the date any such notice is deposited in the mail. 8. With respect to the matters contemplated herein, this agreement constitutes the entire understanding between Customer and RKF and it supersedes all prior oral and written communications, negotiations, understandings and agreements. The agreement set forth in this Agreement may be modified or waived only by a separate writing by you and us expressly so modifying or waiving such agreement. No failure or delay by us in exercising any right, power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise of any right, power or privilege. 9. The rights, obligations and benefits hereunder shall inure to the benefit of the respective parties hereto, their successors and assigns. 10. This Agreement shall be governed by, and construed in accordance with, the laws of the State of New York without regard to principles of conflict or choice of laws. The Customer hereby irrevocably and unconditionally submits to the jurisdiction of any court of the State of New York or any federal court sitting in the State of New York for purposes of any suit, action or other proceeding arising out of this agreement (and Customer agrees not to commence any action, suit or proceedings relating thereto except in such courts) and agree that service of any process, summons, notice or document by U.S. registered mail actually received by Customer at Customer’s address set forth herein shall be effective service of process for any action, suit or proceeding brought against Customer in any such court.