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| SOLD: Premier Commercial Development Site in Miami’s Wynwood District |
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| Tony Arellano |
The duo represented the seller, Gabriele Braha Izsak’s Red Group, in the $11.5 million sale of a commercial development site at 328 NW 29th Street.
“This property is positioned within the pedestrian heart of Wynwood and at the intersection of two of the neighborhood’s most significant streets: NW 29th Street and 3rd Avenue,” Arellano said.
“The use of this building as a creative space
and showroom will be perfectly executed by the buyer.”
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| Devlin Marinoff |
“This development site takes advantage of T6-8-O
zoning, Wynwood's most liberal commercial zoning, allowing for development up
to 12 stories for sweeping views of this unparalleled urban neighborhood,
making it one of the best deals in Wynwood in recent years,” said Braha, Red’s
President & Managing Partner.
The firm has participated in more than $350 million in investment and development sales in Wynwood over the last few years and has more than $175 million in pending transactions in the neighborhood.
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| Gabriele Braha Izsak |
Founded by seasoned real estate professionals Devlin Marinoff and Tony Arellano, DWNTWN Realty Advisors is a leading commercial real estate brokerage based in Miami.
The firm’s brokers have an unparalleled depth of knowledge about the urban core neighborhoods and other markets they serve.
DWNTWN operates with a unique territory-based approach, as each broker brings a
specific product and market specialty to the firm.
CONTACTS:
Eric Kalis
BoardroomPR
954-370-8999
Hannah Colson
Senior Account Executive
BoardroomPR
O 954-370-8999
C 954-258-2118
https://dwntwnrealtyadvisors.com/inventory.
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