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Follow The Money
Why Wynwood Next Chapter Could Support Long Term AppriciationI want to share my perspective on Wynwood and why I believe this neighborhood deserves serious attention from investors/.When a client asks, “Why Wynwood?” my answer is simple: follow the money.• Amazon expanded its Wynwood Plaza office to more than 75,000 square feet.• Ken Griffin and Goldman Properties purchased 545 Wyn for approximately $180 million.• Moishe Mana controls more than 45 acres and continues acquiring land.• Major lenders are committing hundreds of millions of dollars to new residential development.What does this tell us?New offices create jobs. New residences bring population. More restaurants,...
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