A 1-acre commercial property located at 2230, 2200 Northwest 2nd Avenue and 224 Northwest 22nd Terrace in Miami was sold for $25,500,000. The asset spans 32,731 square feet, with a price per square foot of $779. This property includes retail, restaurant, and office spaces, contributing to the ongoing development efforts in the Wynwood area.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $25,500,000
• Buyer: Moishe Mana - Mana Common
• Seller: Benjamin Atkins - Abingdon Square Partner; Jerry Atkins - 88-05 Realty LLC; Linda S. Breskin - Michael Breskin trust
• Market: Miami
• Acres: 1
• Square Footage: 32,731
• Price Per Square Foot: $779

Moishe Mana’s MM Real Estate Acquisitions completed this transaction with the intention of enhancing the business and cultural landscape in Wynwood, building upon a previous assemblage purchase in late September that included .7 acres at the same location.