Wynwood Annex has sold for $49 million to a new-to-market San Francisco-based buyer Brick & Timber Collective. The transaction was overseen by DWTNWN Realty Advisors who represented both the buyer and the seller. The milestone transaction underscores a paradigm shift in rates and market fundamentals and sets a new bar for the Miami office market
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Core Wynwood Development Site Sells For $11.5 Million
UOVO Storage Deluxe has acquired a core Wynwood development site at 330 NW 29th Street for $11.5 million from Red Group Estate. The buyer was represented by Jordan Karp and the seller was represented by Tony Arellano of DWNTWN Realty Advisors. 330 NW 29th Street is currently two fully occupied buildings leased as creative office space spanning 10,939 SF.
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Leading Crypto Firm Blockchain.com Signs Lease At Tricera Capital and LNDMRK Development's Cube Wynwd
Leading crypto firm Blockchain.com has finalized a lease to occupy the top two floors of Tricera Capital and LNDMRK Development’s Cube Wynwd as its new Miami office. The ~22,000 SF lease brings Cube Wynwd to full occupancy less than 10 months after Tricera and LNDMRK acquired the Class A, 100,000 SF office and retail building.
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Manjay Expands Footprint To Wynwood As Modern Caribbean Eatery Opens Second Location
The Miami-born casual, modern Caribbean restaurant Manjay has opened its brand new brick-and-mortar location in Wynwood. The original Manjay first opened as an eatery inside the popular Little River food hall the Citadel in 2019. Manjay founder Christian Dominique and his team aim is to inject the Wynwood food scene with a jolt of delicious Caribbean cuisine.
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Related Group And W5 Group Break Ground On Quarters Wynwood Co-Living Development
The Related Group and W5 Group have broken ground on Quarters Wynwood, a new co-living development coming to Miami’s hot Wynwood neighborhood, after the developers locked down a $29 million construction loan. The building will feature shared living spaces and residents will rent bedrooms in shared apartments.
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OpenStore, The Platform Where Entrepreneurs Can Sell Their Shopify Businesses, Leases Office Space In The Gateway at Wynwood
As tech companies continue to rapidly expand and enter the Miami market, OpenStore has moved into its new office space in Wynwood. Founded by Keith Rabois of Founders Fund, Jack Abraham of Atomic, and Michael Rubenstein of AppNexus, OpenStore is a platform that allows entrepreneurs with Shopify businesses to sell their companies.
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Forte Capital and Sheridan Capital Partnership Acquires Wynwood Commercial Property For $6.35 Million
Forte Capital, led by Chaim Cahane, and Sheridan Capital have acquired 2830 NW Fifth Ave. in Wynwood from Alex Karakhanian’s LNDMRK Development for $6.35 million. The buyers plan to reposition the existing 14,000-square-foot building at 2830 NW Fifth Ave. into creative offices.
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Micah Johnson Debut's Aku World For Miami Art Week As Digital NFT Astronaut Enters Physical World In Partnership With FTX US
Aku, the digital explorer and crypto-native NFT IP created by artist and former MLB player Micah Johnson, will come to life for the first time since its inception with Aku World: Miami presented by FTX US from December 2-4, 2021 in the vibrant Wynwood Arts District.
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R&B Realty Group's Kobi Karp-Designed The Gateway at Wynwood Nears Completion Revealing Vibrant Mural
The Gateway at Wynwood, a Class A office building developed by R&B Realty Group and designed by renowned Miami architect Kobi Karp, is nearing completion. The long-awaited exterior garage cladding, which depicts a vibrant mural, has been fully installed just in time for Art Basel next month.
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International Fashion Brand Diesel And Bel Invest Launch Diesel Wynwood Luxury Condo
Fashion is meeting real estate as Miami is getting another branded condominium development and the first one coming to Miami’s trendy Wynwood Arts District. Sales have officially launched at Diesel Wynwood, a luxury residential development comprised of 159 residences, designed “only for the brave.”
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