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DWNTWN Realty Advisors In The News

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 2019

THE REAL DEAL | DECEMBER 2019

Grails Sports Bar buys its Wynwood building

Grails Sports Bar in Wynwood paid $6.4 million to purchase its building. Joey Fernandez, Devlin Marinoff and Tony Arellano of DWNTWN Realty Advisors brokered both sides of the deal. They handled the initial lease, and converted it to a sale, Arellano said.

THE REAL DEAL | OCTOBER 2019

Feds say FIU, FDOT contractors at fault for deadly bridge collapse, Infinity Real Estate looks to sell part of Paramount Bay in Edgewater: Daily digest

Infinity Real Estate is looking to sell the commercial component of Paramount Bay in Edgewater. The firm hired Tony Arellano and Devlin Marinoff of DWNTWN Realty Advisors to list the 16,500-square-foot building at 2063 Biscayne Boulevard in Miami. It’s on the market for $11.6 million.

THE REAL DEAL | SEPTEMBER 2019

Related Group, Alex Karakhanian and partners drop $32M on Wynwood site

A joint venture between Related, Karakhanian and Tricera Capital’s Scott Sherman and Ben Mandell closed Thursday on the 2.1-are $32M development site at 2801 Northwest Third Avenue. Tony Arellano and Devlin Marinoff of DWNTWN Realty Advisors brokered the deal.

THE REAL DEAL | SEPTEMBER 2019

Miculitzki family lists property near Wynwood Walls for $18M

Block Capital Group, owned by the Miculitzki family, is looking to sell a retail property near the Wynwood Walls for $18 million. Tony Arellano and Devlin Marinoff of DWNTWN Realty Advisors are co-listing the property with Gaston Miculitzki of BM2 Realty.

BUSINESS WIRE | MAY 2019

MV Group USA Closes on the Sale for $6,000,000 for the Newly Developed Flagler Ponce Shops

MV Group USA announces the closing of the sale in the amount of $6,000,000 for 13,000 SF Dollar Tree & My Eyelab located at 3631 W. Flagler Street. The property was listed by Tony Arellano and Rayza Perez of DWNTWN Realty Advisors for $6,300,000 and closed on May 9, 2019 for $6,000,000.

SOUTH FLORIDA BUSINESS JOURNAL | MAY 2019

Miami Design District building sells for $12M

A building in the Miami Design District was acquired for $12 million by a partnership led by developer Alex Karakhanian, he said. The deal was brokered by Tony Arellano and Devlin Marinoff of DWNTWN Realty Advisors. The price equated to $1,445 per square foot.

THE REAL DEAL | APRIL 2019

Opportunity Zone site in Fort Lauderdale’s Sistrunk District hits the market for $27M

An Opportunity Zone development site in a booming Fort Lauderdale neighborhood hit the market for $27 million. “To me it almost feels like a very small Wynwood,” Arellano said of Sistrunk. “This was the old forgotten industrial neighborhood of Fort Lauderdale.”