Forte Capital, led by Chaim Cahane, and Sheridan Capital have acquired 2830 NW Fifth Ave. in Wynwood from Alex Karakhanian’s LNDMRK Development for $6.35 million. The buyers plan to reposition the existing 14,000-square-foot building at 2830 NW Fifth Ave. into creative offices.
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Tricera Capital And Alex Karakhanian's LNDMRK Development Acquire Cube Wynwd For $28 Million
Scott Sherman and Ben Mandell’s Tricera Capital in partnership with Alex Karakhanian’s LNDRMK Development have acquired the recently completed Class A office building Cube Wynwd for $28 million. The transaction was financed with 19.6 million in financing.
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Coworking Provider Industrious Coming To The Dorsey In Wynwood
Coworking provider Industrious has signed a lease for 41,000 square feet at The Dorsey in Wynwood which will be their third location in the Miami area and eighth in Florida. Industrious expects the Wynwood location to open in 2022.
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Tricera Capital, LNDMRK and Related Group Break Ground On The Dorsey In Wynwood
The Related Group, Alex Karakhanian’s LNDMRK Development, and Scott Sherman’s Tricera Capital have broken ground on The Dorsey in Wynwood. The Dorsey is a mixed-use project which will rise 12-stories and will feature 306 apartment units; 35,000 SF of retail; 70,000 SF of office and 476 parking spaces.
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Tricera Capital and LNDMRK Development Acquire Walgreens-Leased Retail Building In Miami Shores
Miami-based real estate investment firm Tricera Capital, led by Scott Sherman and Ben Mandell, and Alex Karakhanian’s LNDMRK Development have teamed up to acquire a Walgreens-leased retail building in Miami Shores. The joint venture closed the off-market purchase of the 9020 Biscayne Blvd. property for $4 million on Sept. 30.
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NNN Leased Pollo Tropical Building on Biscayne Blvd. in MiMo Trades For 4.61% CA
A NNN leased Pollo Tropical stand-alone restaurant building located on Biscayne Blvd/ US-1 in Miami’s MiMo district, has traded for $2.275 million, equating to a 4.61% CAP rate. The 1,754 SF restaurant building sits on a 12,800 SF lot located at 7501 Biscayne Blvd in Miami, FL.
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Joint Venture Led By Related Group Reveals The Dorsey In Wynwood Designed By Arquitectonica
A joint venture between Jorge Perez’s Related Group, Alex Karakhanian, and Tricera Capital, led by Scott Sherman, have revealed plans for The Dorsey in Wynwood. The Dorsey is being designed by Arquitectonica and when complete will rise 12-stories and will feature 306 apartments, 35,858 SF of retail space and 58,760 SF of office space.
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