Related Group sells Casa Tua space at NoMad Wynwood for $33M, Azora Capital drops $21M for Coral Gables retail condos
Investors splurged on Miami-Dade retail condos with two separate deals in Wynwood and Coral Gables totaling $55.2 million. In Wynwood, records show the Pérez family’s Related Group sold the 15,000-square-foot Casa Tua Cucina ground-floor retail space at their NoMad Residences project to a Sunny Isles Beach-based LLC led by Hernan Gleizer and Fernando Alpern for $33 million. The acquisition was financed with a $26 million seller-carried mortgage tracing to Related Group, an analyst firm Vizzda confirmed. The deal breaks down to $2,200 per square foot. The buyers plan to hold for the long term, Gleizer told The Real Deal. Casa […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Dream Finders Homes enters Palm Beach County with $12M acquisition

Benny Blanco Reveals How He and Selena Gomez Hope to Raise Their Future Kids—After Buying $35 Million Marital Mansion

A $5.8 Million Piece of a New York City Landmark Is Up for Grabs in the Iconic Woolworth Building

Realtor.com lead dispute heads to closed-door arbitration after appeal fails

8 Features Every Well-Functioning House Needs, According to Experienced Household Managers

Does Living Near a Costco Boost Your Home Value? It Depends on Where You Live

Miami developer Todd Glaser lists his own Palm Beach mansion for $59M

Where Does Jenna Ortega Live? Inside the ‘Wednesday’ Star’s Low-Key California Property Portfolio

NIL era brings new wealth — and new buyers — to college housing markets
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131
