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Is Wynwood Immune to a Slowing Market?

November 3, 2016

By: Jennifer LeClaire
Published: October 25, 2016

MIAMI—Wynwood. It’s a unique, artsy neighborhood that has made a name for itself in the current cycle. Opportunistic investors looking for an edgy, emerging market are making their bets—and Tony Cho, founder and CEO of Metro 1 Commercial, is working hands on with many of them. caught up with Cho to get his take on Wynwood’s status amid a market slow down. The interview comes at the heels of the firm closing on the largest single transaction sale in Wynwood history at $53.3 million. Located on Northwest 2nd Avenue between 26th and 27thStreet, the trade including buildings with a total of 41,616 square feet on a 42,000-square-foot lot. Despite a market slowdown, why do developers and investors continue to look to Wynwood for land and property?

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