Mathieu Massa and the Axis Brickell
A company tied to Massa Investment Group just paid $11.5 million for retail space at Axis Brickell in Miami, records show.
Lmnr Axis Properties LLC, which is managed by Menin Hospitality’s Keith Menin, sold the 13,724-square-foot property at the ground floor of the condo development.
The property at 79 Southwest 12th Street includes the popular Miami taco shop Coyo Taco and Marion Miami, a restaurant and lounge managed by Massa Investment Group.
Coyo Taco previously signed a five-year lease in 2016 with the option for up to two five-year extensions, according to partner and Executive Chef Scott Linquist.
Massa Investment Group, led by Mathieu Massa, secured a $9.2 million mortgage from IberiaBank to purchase the property, records show.
Keith Menin and his cousin Jared Galbut, who is the nephew of Miami Beach developer Russell Galbut, founded Menin Hospitality in 2009. Menin Hospitality redeveloped a number of South Beach hotels, including the Bentley South Beach, Shelborne South Beach and Gale South Beach.
Axis Brickell was built in 2008 and developed by Brack Capital Real Estate.
from The Real Deal Miami https://therealdeal.com/miami/2018/12/26/massa-investment-pays-11-5m-for-retail-space-at-axis-brickell/
No comments:
Post a Comment