The property asset involved in the transaction is located at 50 Northwest 23rd Street in Miami. This retail space encompasses 33,000 square feet and will serve as the new location for The Salty Donut, a Miami-based doughnut shop that is expanding to a larger 2,700-square-foot storefront within its existing location at the Wynwood Jungle retail destination.

Summary of transaction details:

• Property Type: Retail
• Tenant: The Salty Donut
• Landlord: Black Lion Investment Group
• Landlord's Representative: Robert Rivani

The deal marks a significant move for The Salty Donut, which will feature a large kitchen, a window into the kitchen, a private meeting room, and a pick-up window for online orders in the new storefront.