Morabito Properties, led by Valerio Morabito, has expanded its Wyncatcher development in Miami’s Wynwood Arts District with the acquisition of an adjacent warehouse at 2150 NW Miami Court, enhancing its existing portfolio that includes the fully-leased Wyncatcher I.
Image by: Vagabond Architecture, Wyncatcher II
This expansion is supported by a $35 million refinancing loan secured from BridgeInvest, facilitated by Berkadia’s Scott Wadler and Michael Basinski. The new addition, named Wyncatcher II, will transform the warehouse into a modern commercial hub for events, office, and retail spaces, designed by Vagabond Architecture.
Image by: Vagabond Architecture, Wyncatcher II
Wyncatcher I, a two-story building comprising over 47,852 square feet, is set to open this summer, sporting murals by Portuguese artist VHILS and architectural design by Arquitectonica.
Image by: Vagabond Architecture, Wyncatcher II
It will house flexible workspace operator Knotel, offering office spaces ranging from 3,976 to 37,427 square feet and a restaurant with significant indoor and outdoor dining areas. Wynwood, known for its vibrant cultural scene, hosts leading companies and boasts continual development including new residences, office spaces, and a future Brightline railway stop.
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