Real Estate Rumors: Related, Allen & Overy, Welltower

By Andrew McIntyre (May 12, 2020, 4:06 PM EDT) -- The Related Group has purchased a 2.27-acre development site in Miami's Wynwood neighborhood for $18.5 million, the South Florida Business Journal reported Tuesday. The deal is for 2141-2115 and 2150-2160 N. Miami Ave. as well as 38 N.W. 22nd St. and 2155 N.W. Miami Court, and the seller is Erba Diagnostics, according to the report. The site currently has five buildings that have 51,205 square feet but the site is zoned for a mixed-use property with additional density, the journal said....

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