Alto Real Estate Funds announced the opening of Victoria’s Secret’s 7,500-square-foot flagship store on Lincoln Road in Miami Beach.
After relocating from a nearby site, Victoria’s Secret secured a 12-year lease with Alto Real Estate Funds, which acquired the asset four years ago, during the height of the pandemic. The flagship’s opening follows six months of extensive preparations.
“Alto invests strategically in properties that elevate our portfolio, and Lincoln Road exemplifies such an asset,” said Yaniv Melamud, co-founder and CEO of Alto Real Estate Funds. “This long-term lease with Victoria’s Secret reinforces the value of this prime location and strengthens our presence on one of the most prestigious retail streets in the United States.”
With international investors and global brands alike gravitating toward the area, Miami Beach continues to solidify its reputation as a world-class destination for fashion, lifestyle, and long-term real estate value.
