Thor Equities leases 10K sf Wynwood property to La Embajada

Miami /
May.May 08, 2015 03:00 PM

New York-based Thor Equities leased one of its Wynwood properties to a restaurant, coffee bar and venue.

La Embajada will lease 5,000-square-foot building with 150 feet of frontage on Northwest 28th Street and Northwest Second Avenue. Property records show the company bought the 10,450-square-foot site in January 2014 for $1.9 million.

“With the Design District to the north and downtown Miami to the south, 2722 Northwest Second Avenue is strategically situated in the center of the Wynwood Arts District neighborhood, with the nearby Art Basel Miami Beach show as an annual focal point,” said Melissa Gliatta, executive vice president of Thor Equities, in a statement.

Nearby businesses include Warby Parker, Wynwood Kitchen + Bar, jugofresh and Boxelder Craft Beer Market.

Thor has significantly increased its purchasing activity in Wynwood and the Design District. In April, the company told TRD it signed a contract to pay $29 million for nearly a square block in Wynwood.

Weeks earlier, Thor paid $16 million for two properties in Miami’s Design District, adding to its portfolio in the area, which includes 2-54 Northeast 40th Street, 43 Northeast 39th Street, 53 Northeast 39th Street, 75-81 Northeast 39th Street, 120 Northeast 39th Street and 3925 North Miami Avenue. — Katherine Kallergis


Related Articles

arrow_forward_ios
Robert Rivani of Black Lion Investment Group and Wynwood Arcade. (LinkedIn, Cushman & Wakefield)
Black Lion doubles down on Miami with purchase of Wynwood Arcade, Amara at Paraiso
Black Lion doubles down on Miami with purchase of Wynwood Arcade, Amara at Paraiso
Baia Beach Club owners Michael Liebowitz, Perry Weitz and Russell Galbut. (Baia Beach Club via Facebook, Harbor Group Consulting, Weitz & Luxenberg)
The Weekly Dish: Perry Weitz buys into Mondrian South Beach, Lagniappe owner acquires Edgewater property & more
The Weekly Dish: Perry Weitz buys into Mondrian South Beach, Lagniappe owner acquires Edgewater property & more
Asher Abehsera and Jonathon Yormak with 2400-2500 North Miami Avenue (Google Maps)
LIVWRK in contract to buy Wynwood assemblage from East End Capital
LIVWRK in contract to buy Wynwood assemblage from East End Capital
(Photos courtesy of Hitzig Militello)
Argentine architecture firm opening first U.S. office in Miami
Argentine architecture firm opening first U.S. office in Miami
Shari Neissani with The Collective Wynwood and Jorge Perez with Paseo del Rio. (Getty, LinkedIn via Neissani, The Collective, Paseo del Rio)
Miami board approves projects in Wynwood and Little Havana
Miami board approves projects in Wynwood and Little Havana
UOVO Founder Steven Guttman (UOVO)
UOVO scoops up art storage facilities in Miami, West Palm Beach in $50M buy
UOVO scoops up art storage facilities in Miami, West Palm Beach in $50M buy
Chef Jorge Kauam and 310 Northwest 25th Street 
Investors team up with pastry chef and chocolatier for planned Wynwood market
Investors team up with pastry chef and chocolatier for planned Wynwood market
RedSky Capital’s Benjamin Bernstein and 2159 Northwest First Court (Redsky, Google Maps, iStock)
Fisher Brothers pays $18M for Wynwood assemblage owned by RedSky venture
Fisher Brothers pays $18M for Wynwood assemblage owned by RedSky venture
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...