MIAMI—Demand for commercial real estate is heating up in Wynwood. SBT Wynwood Too just grabbed a seven-parcel portfolio and an additional 104,750 square feet of land for $8.5 million.
The commercial real estate portfolio is located around Northwest 29th Street and Northwest 3rd Avenue. Metro 1 president and CEO Tony Cho represented both seller and buyer.
"These buyers are seasoned developers with big plans for this site in the future,” says Cho. “This marks the next phase of Wynwood's exciting evolution which is now attracting world class investors and developers from around the world. Expect to see ground up vertical development in the near future.”
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