The property asset involved in the transaction is an industrial facility located at 560 Northwest 27th Street in Miami. The transaction was completed for a sale price of $2,850,000, encompassing a total area of 4,410 square feet, equating to a price per square foot of $646.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,850,000
• Buyer: David Lerner - Lerner Family Properties
• Seller: Mark Klinger
• Broker: David Lerner - DWNTWN Realty Advisors
• Date of Transaction: 12/17/2025
• Market: Miami

Lerner Family Properties has acquired this property in the Wynwood Arts District, enhancing their existing assemblage to 21,000 square feet adjacent to the Wyn545 office building. This acquisition from a longtime neighbor highlights the Lerner family's established relationships in the community, which span more than 70 years, demonstrating their commitment to investing in Wynwood and attracting distinguished tenant concepts for the area.