Forte Capital Management Acquires Retail Property In Wynwood For $11.8M

Located in Wynwood, the property at 310-318 NW 25th St was recently sold in a retail transaction. The sale took place on March 1, 2021, and the asset encompasses approximately 20,000 square feet. The property was purchased for a total price of $11,800,000, resulting in a price per square foot of $590. The buyer in this transaction was Forte Capital Management, represented by Chaim Cahane, Dov Tepper, and Jon Krasner of 7G Realty. On the other side of the deal, the seller was East End Capital, represented by Jonathon Yormak.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $11,800,000
• Address: 310-318 NW 25th St
• Market: Wynwood
• Buyer: Forte Capital Management - Chaim Cahane, Dov Tepper, Jon Krasner - 7G Realty
• Seller: East End Capital - Jonathon Yormak
• Square Footage: 20,000
• Price per Square Foot: $590

The involvement of key individuals and companies in this transaction adds to its significance. Forte Capital Management, along with their representatives Chaim Cahane, Dov Tepper, and Jon Krasner from 7G Realty, acted as the buyers. On the other side, East End Capital was represented by Jonathon Yormak as the seller. This transaction highlights the active nature of the retail market in Wynwood.