The property involved in this transaction is located at 2916 N Miami Ave, Miami, FL, 33127. Marcus & Millichap has signed a long-term lease for 12,029 square feet of space on the 7th floor of The Gateway at Wynwood, a recently opened office building developed by R&B Realty Group. The building received its Temporary Certificate of Occupancy in December 2021, and the tenant is scheduled to take occupancy in Q3 2022.

Summary of transation details:

• Property Type: Lease
• Transaction Amount: Not specified
• Tenant: Marcus & Millichap
• Landlord: R&B Realty Group
• Tenant's Representative: Carlo Brignardello
• Landlord's Representatives: Stephen Rutchik, Tom Farmer, Tyler de la Pena
• Square Feet: 12,029

R&B Realty Group's vision has contributed to the emergence of a new office submarket in Miami, aimed at attracting major companies. Marcus & Millichap's move signals an intention to establish a strong local presence and collaborate with the community. Notably, other occupants of The Gateway at Wynwood include OpenStore and Veru, marking a significant development for the area.