MIAMI—Wynwood continues attracting investors. The artsy Miami neighborhood just saw another commercial real estate property sell.
Aztec Group director Charles Penan and senior managing director and Howard Taft, arranged the $12.5 million sale of 2050 North Miami Avenue in Wynwood. Aztec represented both the buyer and the seller. The buyer and seller names were not disclosed.
“Achieving one of the highest recorded prices of land for a parcel this large in Wynwood is a major accomplishment,” says Penan. “This was an off-market transaction initiated by the buyer's desire to be in this dynamic neighborhood.”
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