{"id":406481,"date":"2026-09-21T19:42:10","date_gmt":"2026-09-21T19:42:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/406481\/"},"modified":"2026-09-21T19:42:10","modified_gmt":"2026-09-21T19:42:10","slug":"related-group-tricap-sell-casa-tua-leased-retail-condo-in-miamis-wynwood-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/406481\/","title":{"rendered":"Related Group, Tricap Sell Casa Tua-Leased Retail Condo in Miami\u2019s Wynwood \u2013 Commercial Observer"},"content":{"rendered":"<p>The P\u00e9rez family\u2019s <a href=\"https:\/\/commercialobserver.com\/company\/related-group\/\" title=\"Related Group\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Related Group<\/a> and David Edelstein\u2019s <a href=\"https:\/\/commercialobserver.com\/company\/tricap\/\" title=\"Tricap\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Tricap<\/a> have sold the newly completed ground-floor retail space at the NoMad Hotel-branded condo development in Miami for $33 million, property records show.<\/p>\n<p>Sunny Isles Beach, Fla.-based <a href=\"https:\/\/commercialobserver.com\/company\/optimar-international-realty\/\" title=\"Optimar International Realty\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Optimar International Realty<\/a> bought the retail condo, which is leased to a Casa Tua dining concept. It spans about 15,000 square feet at 2700 Northwest Second Avenue in Wynwood.\u00a0<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/?p=580038\" rel=\"nofollow noopener\" target=\"_blank\">Ian Michael Klein, Rabina\u2019s Development Head, Wanted to Be \u2018a Real Estate Guy\u2019<\/a><\/p>\n<p>Related Group and Tricap provided $26 million in seller financing.<\/p>\n<p>The joint venture completed the NoMad Residences this year, after buying the 1-acre site for $26.5 million in 2021 and <a href=\"https:\/\/commercialobserver.com\/2024\/05\/related-group-nomad-residences\/\" rel=\"nofollow noopener\" target=\"_blank\">securing<\/a> a $142 million construction package in 2024. The nine-story building, branded after the now-shuttered New York hotel, houses 329 condos. (Hilton <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.hoteldive.com\/news\/hilton-nomad-luxury-lifestyle\/712138\/\">owns<\/a> the NoMad brand.)<\/p>\n<p>The Casa Tua Cucina Italian food hall opened in April. Casa Tua, founded by husband-wife duo Miky and Leticia Grendene, counts another food hall at the Brickell City Center and an upscale restaurant in Miami Beach as part of the portfolio.\u00a0<\/p>\n<p>The sale comes three months after New York-based TriCap sold the retail building leased to the popular Pastis French Bistro in Wynwood to Moishe Mana for $25 million, The Real Deal <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/therealdeal.com\/miami\/2026\/07\/09\/moishe-mana-buys-pastis-building-in-miami-for-25-million\/\">reported<\/a>.\u00a0<\/p>\n<p>In other retail deals in Wynwood, the owners of I Scream Gelato <a href=\"https:\/\/commercialobserver.com\/2025\/10\/i-scream-gelato-society-wynwood-miami\/\" rel=\"nofollow noopener\" target=\"_blank\">purchased<\/a> its 1,325-square-foot parlor for about $3.7 million last year.\u00a0<\/p>\n<p>Representatives for Related Group, Tricap and Optimar International Realty did not immediately respond to requests for comment.\u00a0<\/p>\n<p>Julia Echikson can be reached at <a href=\"https:\/\/commercialobserver.com\/2026\/09\/related-group-tricap-casa-tua-miami-wynwood-nomad-residences\/mailto:jechikson@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">jechikson@commercialobserver.com<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"The P\u00e9rez family\u2019s Related Group and David Edelstein\u2019s Tricap have sold the newly completed ground-floor retail space at&hellip;\n","protected":false},"author":2,"featured_media":406482,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[161392,132337,161393,8001,36860,20157,123,125,124,161394,161395],"class_list":["post-406481","post","type-post","status-publish","format-standard","has-post-thumbnail","category-miami","tag-2700-northwest-second-avenue","tag-casa-tua","tag-casa-tua-cucina","tag-channel","tag-david-edelstein","tag-investments-sales","tag-miami","tag-miami-headlines","tag-miami-news","tag-miky-grendene","tag-nomad-residences"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/406481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=406481"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/406481\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/406482"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=406481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=406481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=406481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}