MIAMI – L&L Holding Company and Carpe Real Estate Partners have formed a joint-venture partnership to acquire and redevelop a three-acre assemblage in Miami.

Located within the city's Wynwood Arts district, on the northeast corner of NW 1st Ave. and NW 29th St., the combined assemblage allows for 800,000 square feet of new development.

The transactions are expected to close mid-next year. The financial terms of the deals were not disclosed.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.