New York classic Joe’s Pizza is opening its first Miami location at the mixed-use project Wynwood 25. Tony Arellano and Joe Fernandez of Dwntwn Realty Advisors represented the Wynwood 25 ownership group in the Joe’s Pizza lease. Dwntwn also is leasing the next-door Wynwood Annex office building, also developed by Related and East End.
Read MoreTony Arellano, co-founder and managing partner at DWNTWN Realty Advisors, had assumed co-working spaces would be dead in the water given the realities of social distancing. Instead, he said, most co-working spaces in the area are operating at or near capacity, even as they maintain strict masking and social distancing requirements.
Read MoreFurniture design company Harbour Outdoor picked up a Miami Design District redevelopment site for $6.5 million. Tony Arellano and Devlin Marinoff, co-founders and managing partners of DWNTWN Realty Advisors, represented the seller ESJ. In the last seven years, DWNTWN Realty Advisors has handled 22 deals in the Design District totaling $205 million, Arellano said.
Read More“Little Haiti is seeing significant multifamily investment activity in conjunction with the neighborhood’s overall expansion,” Marinoff crowed in the release. “Large-scale development in the pipeline for Little Haiti and surrounding neighborhoods will further fuel investor interest.”
Read MoreFuse Group, led by CEO Eyal Peretz, plans to create a town center with more than 400 multifamily units and an adaptive reuse of the studios, according to Tony Arellano and Devlin Marinoff of DWNTWN Realty Advisors, the brokers involved in the off-market sale.
Read MoreRobert Rivani’s Black Lion Investment Group purchased the Wynwood Arcade and the nearby Amara at Paraiso property in Miami’s Edgewater for more than $25 million combined, as the firm doubles down on South Florida. Black Lion, based in Los Angeles, plans to invest more than $1 million into the Wynwood Arcade, adding outdoor dining on the north and south lawns and the remaining space on the rooftop, according to Arellano and Marinoff.
Read MoreA development site owned by the Gaeta family in North Beach hit the market for $17.5 million. “Very rarely do you see an acre of land come to market on Miami Beach,” said listing agent Skyler Marinoff of DWNTWN Realty Advisors. The property could be developed into 67,500 square feet of mixed-use development, including a hotel, short-term rentals, apartments, retail and office.
Read MoreMiami’s push to attract the tech industry continues in hyperdrive as leading venture capital firms Founders Fund and Atomic have signed 10-year leases at Wynwood Annex. OpenStore, an e-commerce joint venture between Founders Fund and Atomic, has also signed a 5-year lease for space in Wynwood Annex. The deal was overseen by Tony Arellano of DWNTWN Realty Advisors, who represented the landlord.
Read MoreIf you think Edgewater is already bursting at the seams, just wait. Also in play: a 2-story single-family house at 326 NE 26th Terrace, according to the listing agent Tony Arellano, managing partner at Dwntwn Realty Advisors. The lender-owned house is listed for $1.5 million, and the lender is looking to offload it by April. Zoning allows for a 36-story project with either 150 residential units or 300 hotel rooms.
Read MoreIs Big Tech here to stay? Venture capital firms Founders Fund and Atomic and e-commerce company OpenStore signed leases for more than 22,000 square feet in Wynwood. Silicon Valley’s Founders Fund, which took a temporary space in Brickell earlier this year, is leasing the eighth floor at Wynwood Annex, a Class A office building in the trendy Miami neighborhood, Atomic signed a lease for the entire seventh floor and part of the fourth floor, and OpenStore is taking the larger portion of the fourth floor, Arellano said.
Read MoreNew York City institution Pastis is landing in Miami. The restaurant, Pastis’ first in South Florida, is expected to open in the summer of 2022. The restaurant, Pastis’ first in South Florida, is expected to open in the summer of 2022. Tony Arellano and Devlin Marinoff of of DWNTWN Realty Advisors were involved in Edelstein’s acquisition of the property last year and are marketing the remaining space.
Read MoreThe Pharrell Williams-owned clothing brand inked a lease for 5,700 square feet at 2545 NW 3rd Avenue in a building that formerly housed a wholesale shoe company, according to a release. The site is across from Zak the Baker, Walt Grace Vintage and the Wynwood Garage. David Lerner of DWNTWN Realty Advisors represented both sides of the Wynwood deal.
Read MorePapa, a "family-on-demand" technology platform signed a lease for 11,420 square feet at 66 S.W. Sixth St. in Miami's Brickell with enough space for a maximum of 70 to 80 of its 150 full-time employees, including its executive team. DWNTWN Realty Advisors co-founder Tony Arellano arranged the lease.
Read MoreA joint venture closed on a $19 million construction loan for a $26 million Opa-locka development geared toward affordable housing. Andrew Kurnit of DWNTWN Realty Advisors helped secure the construction loan from City National Bank of Florida.
Read MoreDWNWTN Realty Advisors brought on David Lerner and Myles Stepner as executives. Lerner will focus on leasing in DWNTWN’s core neighborhoods, and Stepner will focus on investment sales. Stepner is joining from Avison Young, while Lerner has experience working with his family’s portfolio of properties in Wynwood.
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