RED Group sold the 21,000 SF assemblage located at 328-342 NW 29th Street in Wynwood, Miami

22/02/2022

RED Group acquired the properties in 2016, subsequently adding value and stabilizing the property with Class A tenants such as Sonder.

This development site, commented Gabriele Braha Izsak, RED’s President & Managing partner, takes advantage of T6-8-O zoning, Wynwood’s most liberal commercial zoning, allowing for development up to 12 stories for sweeping views of this unparalleled urban neighborhood, making it one of the best deals in Wynwood in recent years.

In addition, the assemblage is just a stone’s throw from the incoming Woonerf pedestrian plaza soon to line 3rd Ave, where RED group has a separate development project in the pipeline.

USA

927 Lincoln Road
33139 Miami Beach, Florida

+1 (305) 760-7988
info@redgroup.estate

ITALY

Corso Giacomo Matteotti, 47
10121 Torino

+39 011 012-2364
info@redgroup.estate

PANAMA

Plaza Santa Ana
PH Red Plaza, Panama City

+507 6303-7101
info@redgroup.estate

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