Morabito Properties, headed by Valerio Morabito, has expanded its Wyncatcher development in Miami’s Wynwood Arts District by acquiring a nearby warehouse at 2150 NW Miami Court, enhancing its existing portfolio, which includes the fully-leased Wyncatcher I.
This expansion is backed by a $35 million refinancing loan from BridgeInvest, arranged by Berkadia’s Scott Wadler and Michael Basinski. The newly acquired property, named Wyncatcher II, will be transformed into a modern commercial hub for events, offices, and retail spaces, with designs by Vagabond Architecture.
Wyncatcher I, a two-story building with over 47,852 square feet, is set to open this summer. It will feature murals by Portuguese artist VHILS and architectural design by Arquitectonica.
Wyncatcher I will host flexible workspace operator Knotel, offering office spaces ranging from 3,976 to 37,427 square feet, as well as a restaurant with extensive indoor and outdoor dining areas. Wynwood, renowned for its vibrant cultural scene, is home to leading companies and continues to see significant development, including new residences, office spaces, and an upcoming Brightline railway stop.
Please contact David Freed, Luxury Real Estate Agent, for all of your Miami home needs and questions.
