MIAMI—Residents at South of Fifth’s Continuum on South Beach aregetting another dining option. Cibo Wine Bar is taking up residenceat 200 South Pointe Drive, a newly constructed freestandingbuilding at the entrance of the condo.

Michael Comras and JonathanCarter with Comras Company representedCibo Wine Bar in the 11,983 square foot lease. The restaurant isset to open in the fall of 2013.

“As far as retail demand goes on South Beach, the recessionisn't only over, it was over a long time ago,” Carter tellsGlobeSt.com. “With demand exceeding space, we are seeing a trend ofverticality and expansion of key destinations, such as LincolnRoad, onto auxiliary streets.”

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