Aventura Medical Tower
FL, 33180, United States
Miami-Dade County, Florida, 33162, United States
- 60000 sq ft
Victoria Park Development
FL, 33304, United States
- 19250 sq ft
Miramar Parkway Plaza
FL, 33025, United States
Faith Shopping Plaza
FL, 33009, United States
Committed to providing the best service possible
Our seasoned professionals understand that the most important component to a successful investment is that the asset is positioned to its highest and best use.
News & Stories
Rrecent bankruptcy filings from prominent big-box retailers and smaller chains, such as Bed Bath & Beyond, Buy Buy BABY, David’s Bridal, and Tuesday Morning, have sent shockwaves through the industry.
Development in Allapattah, a working-class neighborhood west of Wynwood, is booming in response to Miami’s increasing real estate prices over the previous three years.
The Newmark team was led by Jordan Roeschlaub and Dustin Stolly, Co-Presidents of Debt & Structured Finance, along with Executive Managing Directors Christopher Kramer and Nick Scribani, as well as Senior Managing Director Danny Matz from the Miami office.
The hotel was built in 1939 in classic Art Deco style, and its facade was restored while it was owned by Marcelo Tenenbaum of Blue Road Development, which purchased the hotel for $1.1 million back in 2010.
Potential buyers can redevelop the properties into an eight-story to 12-story mixed-use project with either 108 residential units or 216 hotel rooms.