MIAMI—The deal flow in Wynwood is fast and hard these days. Aztec Group just inked its fourth transaction there in the past six months.

Aztec director Charles Penan, Director and senior managing director Howard Taft closed an investment sale, condominium construction facility, and acquisition financing totaling over $20 million in closed transaction volume on four deals in Wynwood. The Wynwood Arts District, formerly Miami's Garment/Fashion District, is witnessing a bona fide transformation with major residential, retail and office properties under development.

Aztec represented both the buyer and the seller in the $12.5 million sale of 2050 North Miami Ave. 2050 North Miami is a 19,464-square-foot industrial/flex building at the southern gateway to the Wynwood Arts District. The 1.033-acre site has over 180 feet of frontage along North Miami Avenue.