GWealth deepens Wynwood holdings with $25M portfolio buy
GWealth Management expanded its Wynwood holdings recently, acquiring a three-property portfolio from Miami investor Steve Rhodes for $25 million. The Weston-based firm, led by Juan Arango Giraldo, bought a three-story office and retail building at 2121 Northwest Second Avenue, a one-story retail building at 2085 Northwest Second Avenue and a surface parking lot at 172 Northwest 21st Street, according to a news release. Apex Capital Realty’s Jason Abitbol represented GWealth, and Dwntwn Realty Advisors’ Tony Arellano and Devlin Marinoff represented the seller. Rhodes developed the 27,500-square-foot building in 2016, three years after buying the property for $619,000, records show. Rhodes […]This article originally appeared on The Real Deal. Click here to read the full story.
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