Wynwood retail center

Retail | Miami, FL

Refinancing of a boutique retail property on one of the most prime corners in the Wynwood district of Miami, with trendy restaurants, art galleries and retail spaces nearby

Investment highlights

  • This single-story warehouse building is positioned in an area that receives heavy pedestrian traffic due to the surrounding museums and Wynwood Walls.
  • The property is located near more than 70 art galleries, five museums and seven art fairs along with the Wynwood Walls, all generating significant foot traffic for area retailers.
  • The Wynwood neighborhood is a 1.4-mile warehouse district turned eclectic art and retail district that has become one of the most popular sites to visit in Miami.

Location

Investment details1

Total loan size
$6,750,000
Purpose
Refinancing
LTV
61%
Date of loan
06/11/18
Year built
1951
Square feet
15,845
Portfolio weight
1.1%

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