Firm’s Tony Arellano and David Lerner complete new deals with tech firm Ramp Financial and psychedelic health company Field Trip
DWNTWN Realty Advisors is at the forefront of Wynwood’s emergence as the focal point of Miami’s growing technology scene. For instance, firm Co-Founder Tony Arellano and Executive David Lerner represented Wynwood Annex developers Related Group and East End Capital in new leases that bring the Class A office building to 100% occupancy.
DWNTWN’s Arellano and Lerner represented the landlord in finalizing deals with Ramp Financial, a technology company that develops corporate cards designed to save money for businesses, and Field Trip, a health company that uses evidence-based, legal psychedelic therapies to help patients heal depression and feel better. Ramp Financial is set to occupy 8,205 square feet on the fifth floor of the 215 NW 24th St. building. Tony Jones of Cushman & Wakefield represented Ramp Financial in the lease.
Field Trip is leasing 7,474 square feet on the second floor of Wynwood Annex.
These new leases come on the heels of DWNTWN bringing three Silicon Valley tenants to Wynwood Annex. Venture capital giants Founders Fund, which includes PayPal Co-Founder Peter Thiel as a partner, Atomic and their e-commerce joint venture OpenStore signed leases for a total of more than 22,000 square feet at the building.
“We are proud of our role in curating Wynwood Annex with a roster of tenants who are truly changing the industries they operate in,” Arellano said. “Leaders of the technology and finance worlds who are relocating to Miami realize Wynwood is where they need to be. All of the complementary elements, such as arts and culture, fashion, experimental and service-oriented retail, dining, nightlife and residences, are already in place.”
Live Nation also occupies a floor of Wynwood Annex.
Located in the core of Wynwood and just steps from prime neighborhood establishments such as Panther Coffee, Zak the Baker and KYU, Wynwood Annex has 60,000 square feet of rentable space and a generous parking ratio of four spaces per 1,000 square feet. With 12-to-18-foot ceiling heights and amenities including a brand-new fitness center, rooftop common area, outdoor conference space and private balconies, the building is perfectly suited for the tech and finance tenants it is attracting.
DWNTWN is exclusively marketing numerous other investment sales and leasing listings in Wynwood, including:
- The Astra portfolio at 2085-2121 NW Second Ave., which includes the Astra Building, Art Fusion Building and an adjacent lot at 172 NW 21st St.
- The Wood development site, a high-density site at the intersection of Wynwood’s Northwest Fifth Avenue and 29th Street
- Wynwood Jungle, formerly known as Wynwood Arcade, with 10,000 square feet available for lease at 50 NW 24th St.
Over the course of his career, Arellano has completed more than 150 leases in Wynwood and played a pivotal role in the neighborhood’s evolution from an overlooked, largely neglected collection of old industrial buildings into a vibrant hub for arts and culture, retail, restaurants and nightlife.
About DWNTWN Realty Advisors
Founded by seasoned real estate professionals Devlin Marinoff and Tony Arellano, DWNTWN Realty Advisors is a leading commercial real estate brokerage based in Miami. The firm’s brokers have an unparalleled depth of knowledge about the urban core neighborhoods and other markets they serve. DWNTWN operates with a unique territory-based approach, as each broker brings a specific product and market specialty to the firm. With 50-plus years of combined experience and more than 500 completed deals totaling more than $2 billion in transactional volume, DWNTWN brings institutional quality advisory services to middle-market clients. The firm focuses on transactions ranging from $3 million to $20 million, with a data-driven approach to generating optimal solutions for clients. For more information, visit www.dwntwnrealtyadvisors.com.