Newmark Group Inc.

04/20/2026 | Press release | Distributed by Public on 04/20/2026 12:11

Newmark and Rockhill Announce Three New Retail Leases at Strata Wynwood in Miami

April 20, 2026 11:00 AM

Newmark and Rockhill announce the execution of three new retail leases totaling 6,253 square feet at Strata Wynwood, a 12-story mixed-use residential property at 21 NE 22nd Street in the Wynwood submarket of Miami, Florida. The new tenants include Paris Baguette, Miami MKT Bodega & Café and Eclipse Hot Yoga.

Newmark Senior Managing Director John Ellis serves as the exclusive leasing agent at the property on behalf of Rockhill, the property services affiliate of Rockpoint and manager of the property.

Expected to open by June 2026, Paris Baguette is a global bakery-café concept known for its French-inspired pastries, breads and cakes, with the new location continuing its North American expansion. Miami MKT Bodega & Café and Eclipse Hot Yoga are slated to open by Q1 2027. Existing retail tenants include Legacy Fit and PingPod.

"Strata Wynwood's continued leasing activity speaks to both the strength of the asset and the broader evolution of Wynwood as a live-work-play destination," said Ellis. "We're seeing demand from a broad range of operators, and the property's flexible retail offering allows us to bring together a balanced mix of local concepts and established brands that align with the neighborhood's growth."

Strata Wynwood is a 285,000-square-foot mixed-use development comprising 257 luxury residential units with resort-style amenities, 62,000 square feet of office space, 27,000 square feet of ground-floor retail, art studios and a parking garage. Its flexible retail spaces range from 400 to 9,500 square feet and accommodate users spanning health and wellness, creative studios and service-oriented concepts.

"Strata Wynwood represents the kind of thoughtfully curated, mixed-use environment today's tenants are seeking," said John Stonestreet, Executive Vice President at Rockhill. "The strong leasing momentum reflects the quality and flexibility of our retail spaces, along with Wynwood's emergence as one of Miami's most dynamic neighborhoods. We're excited to welcome a diverse mix of concepts that will enhance the community experience."

Just steps from the area's renowned art district, eclectic dining and boutique shopping, the property is adjacent to The Highley House, a 95%-leased residential community also managed by Rockhill. It is also within walking distance to high-traffic corridors including NE 2nd Avenue and I-95, providing seamless connectivity to downtown Miami and neighboring submarkets.

According to Newmark Research, Sun Belt markets remain at the forefront of retail leasing and investment activity. In South Florida, retail investment reached $4.3 billion in Q4 2025, highlighting sustained tenant demand and strong investor confidence across the region.

About Rockhill Management
Rockhill Management, L.L.C. ("Rockhill"), an affiliate of Rockpoint, is a dedicated property services management company that serves commercial and residential properties in select markets throughout the United States. Rockhill employs a responsive, tailored approach to property and relationship management in order to deliver customized service, premium amenities, and intentional communities across Rockpoint's portfolio. Since inception, Rockhill has provided property management, project management, and other services to properties representing approximately 61 million square feet.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended December 31, 2025, Newmark generated revenues of nearly $3.3 billion. As of December 31, 2025, Newmark and its business partners together operated from approximately 175 offices with over 9,300 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

Newmark Group Inc. published this content on April 20, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 20, 2026 at 18:12 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]