non-advertiser
Strata Wynwood is a 285,000-square-foot mixed-use development comprising 257 luxury residential units with resort-style amenities, 62,000 square feet of office space, 27,000 square feet of ground-floor retail, art studios and a parking garage.
The 6.6 acre property is positioned for a large-scale mixed-use development that also allows for the development of up to 6,602 residential units across residential, office, hotel, and retail.
The acquisition works out to about $156 per square foot for the 6.15-acre property.
The development plans include building an additional 392,000 square feet for a total of three planned state-of-the-art industrial buildings.
The sale price works out to roughly $328 per square foot.
The warehouses sit on 14.7 acres near a Publix distribution facility
The leasing activity was brokered on the tenant side by JLL. Ryan Goggins and Peter “PJ” Apol represented Sunbeam Properties & Development.
The mixed-use tower is planned to total about 1.6 million square feet, with completion targeted for 2029.
Senior Managing Director Jaret Turkell and Senior Directors Omar Morales and Yoav Yuhjtman of Berkadia South Florida led the transaction on behalf of the seller.
Alex Zylberglait of Marcus & Millichap represented the seller, a private overseas group, and procured the buyer, a local private operator.
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