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In a newly released case study, DWNTWN Realty Advisors reveals the strategic approach behind one of Miami's most significant office transactions of 2024 - the $49 million sale of Wynwood Annex. The study examines how this landmark deal brought San Francisco-based Brick & Timber Collective to Miami's burgeoning Wynwood Arts District, marking their first acquisition in the market.
The comprehensive analysis details the complexities of marketing and selling the 58,090-square-foot creative office building, which houses prestigious tenants including Founders Fund, Atomic Labs, and Live Nation. The property, developed by Related Group and East End Capital, represents a pivotal moment in Wynwood's evolution from an artistic enclave to a prime commercial district.
"Wynwood Annex exemplifies the sophisticated deals that are reshaping Miami's commercial landscape," explains Devlin Marinoff, Managing Partner at DWNTWN Realty Advisors. "Our case study provides valuable insights into how we're connecting forward-thinking investors with Miami's most promising commercial assets."
Key highlights from the case study include:
- Strategic positioning of the fully-leased property in Miami's competitive office market
- Analysis of Wynwood's transformation into a tech and creative industries hub
- Detailed breakdown of the property's income potential and market positioning
- Future growth projections for Miami's urban core office sector
The case study serves as a valuable resource for investors and real estate professionals interested in Miami's evolving commercial market. It's available for download at https://miamicrebrokers.com/49m-wynwood-annex-office-building-sale-miami/
About DWNTWN Realty Advisors
DWNTWN Realty Advisors leads Miami's urban core commercial real estate market, specializing in high-value property transactions and advisory services. Founded by industry veterans Devlin Marinoff and Tony Arellano, the firm has facilitated over $1 billion in transactions, playing a crucial role in Miami's commercial real estate evolution. Learn more at dwntwnrealtyadvisors.com.
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Contact Info:
Name: Ed Winslow
Email: Send Email
Organization: US Commercial Lending
Address: 135 West 36th Street, New York, NY 10018, United States
Phone: +1-203-912-7244
Website: https://uscommerciallending.com
Video URL: https://youtu.be/rScjH1zriGY?si=LPaB3qaso3Cz3IZ2
Release ID: 89146126
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