Merrimac Ventures Acquires Retail And Office Assemblage In Flagler Village, Fort Lauderdale

Merrimac Ventures has acquired a retail and office assemblage spanning 400, 416, 424, and 412-414 North Andrews Avenue in Fort Lauderdale’s Flagler Village neighborhood. The South Florida-based investment and development firm’s latest purchase totals 20,200 square feet of existing commercial space and was reported at $7.35 million, including $5.75 million for 400 North Andrews Avenue and $1.6 million for 412-414 North Andrews Avenue. 

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Ytech Announces Expansion of Historic Nolan House at 1548 Brickell Avenue in Miami

Ytech has announced plans to expand the historic Nolan House at 1548 Brickell Avenue in Brickell into the firm’s permanent corporate headquarters and a multi-project Experience Gallery. Led by CEO Yamal Yidios, the Miami-based developer has secured $25 million in construction financing from Banesco USA for the project, which will add a five-story expansion adjacent to the estate’s west façade and bring the property to a total of 32,686 square feet. Recreational Design & Construction, Inc. will serve as general contractor. The property was originally completed in 1926 as the residence of banker George E. Nolan. 

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Nautilus 220 Officially Opens At 220 Lake Shore Drive In Lake Park

Nautilus 220, a two-tower mixed-use waterfront development at 220 Lake Shore Drive in Lake Park, officially opened on March 25. Developed by Forest Development and Royal Palm Companies, the project spans approximately 1.15 million square feet and consists of 330 condominium residences across two 24-story structures overlooking the Lake Park Harbor Marina. The property also includes ground-floor dining, retail, office suites, and additional commercial space.

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Five New Retail Tenants Announced for Wynwood Plaza in Miami’s Arts District

L&L Holding Company and Oak Row Equities have announced five new retail tenants for Wynwood Plaza, the recently opened one million-square-foot mixed-use campus spanning 55-95 NW 29th Street in Miami’s Wynwood Arts District. Developed in partnership with Shorenstein Investment Advisers and co-investor Claure Group, the project is anchored by Wynwood Plaza Residences, a 266,000-square-foot Class AAA office tower, and a half-acre public plaza. The campus officially opened in October 2025 and is already anchored by Amazon within the office component. 

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