Masaveu owns most of Brickell block after $24M Wendy’s purchase
Masaveu Real Estate US has assembled almost an entire block in Miami’s Brickell neighborhood after paying $24 million for a Wendy’s restaurant. The American subsidiary of Spanish conglomerate Corporacion Masaveu, led by Chairman Fernando Masaveu Herrero, acquired the 3,611-square-foot fast food restaurant at 200 Southwest Eighth Street, records and real estate database Vizzda show. Alfonso Jaramillo with Fortune Christie’s International Real Estate brokered the deal. The sellers, three entities managed by Juan Carlos Cachoua and Tharine Morales in Miami, acquired the 0.6-acre site for $10.5 million in 2014, records show. The building was completed in 1979. While no plans have […]This article originally appeared on The Real Deal. Click here to read the full story.
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