Forte Capital Management Acquires Retail Property In Wynwood For $5.6M

An upscale retail property located at 2312 N Miami Ave in Wynwood has been sold in a recent transaction for $5,575,000. The property spans 6,000 square feet and was sold at a price per square foot of $929. The sale was facilitated by broker Josh Augenbaum of Augenbaum Realty Corp.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $5,575,000
• Address: 2312 N Miami Ave
• Market: Wynwood
• Square Footage: 6,000
• Price per Square Foot: $929

The buyer, Forte Capital Management represented by Chaim Cahane and Dov Tepper, acquired the property from the seller, East End Capital. This transaction highlights the strong interest in retail assets within the Wynwood market. Chaim Cahane & Dov Tepper were the key individuals behind the deal, with Forte Capital Management leading the purchase. East End Capital, on the other hand, acted as the seller. The successful completion of this transaction demonstrates the expertise of broker Josh Augenbaum from Augenbaum Realty Corp in facilitating deals within the retail sector.