Metro 1 Properties finalizes the Sale of 7,450 SF Live Work Warehouse in Wynwood
Metro 1 Properties is proud to announce the recent sale of Charcoal Studios, a live work warehouse located in Wynwood Art District of Miami.
- Miami, FL (1888PressRelease) December 13, 2011 - Metro 1 Properties announced the recent sale of a 7,450 SF live work warehouse located at 2135 NW 1st Avenue in Miami that is more commonly known as Charcoal Studios for a price of $1.050M or $141 PSF. The seller, Paul Greco, was represented by Metro 1 Properties' Commercial Sales Director Tony Arellano.
Charcoal Studios is an industrial loft which was repurposed into a live work space. "More and more people are beginning to understand and appreciate the dynamic location and intrinsic value of Wynwood. For someone who wants something creative with great upside, Wynwood is the place to be" - Tony Arellano
Metro 1 has been actively involved in brokering deals in the urban core for over 6 years and has been involved in the leasing and sales of more than 300,000 SF of buildings and over 25 acres of land in Wynwood alone over the past 2 years.
About Metro 1 Properties, Inc.
Metro 1 Properties is a full service real estate organization providing advisory, transaction management and investment services to clients and partners worldwide. Founded in 2005 by Tony Cho, the company advocates for sustainable real estate solutions and smart urban growth. Some of the specialty divisions of Metro 1 Properties, Inc. are M1 Hospitality, M1 Industrial, M1 Land Sales and Development, M1 Capital, M1 Residential, M1 Management, and M1 Landlord and Tenant Representation. For more information, please visit: www.metro1properties.com. Metro 1 Properties is on Twitter ( @ ) Metro1prop and Facebook at https://www.facebook.com/metro1prop.