Perricone's Marketplace sells to Netherlands based CitizenM Hotels for $16.5 Million USD

Address: 955 S. Miami Ave. and 15 S.E. 10th St

📍Neighborhood: Brickell

Size: 10,965-square-foot

Sold for: $16.5 Million USD

Perricone’s Marketplace first opened its doors around 20 years ago.

The owner purchased the lot back in the day for $775,000 USD and he sold it now for $16.5 M USD

 
CitizenM Hotel Rotterdam📷 photo by: Nadia Bouzid

CitizenM Hotel Rotterdam

📷 photo by: Nadia Bouzid

CitenM hotels lays eggs in Miami. The Netherlands based hotel company just purchased Perricone's, an Italian restaurant in the heart of Brickell for $16.5M.

CitizenM Hotel Rotterdam📷 photo by: Nadia Bouzid

CitizenM Hotel Rotterdam

📷 photo by: Nadia Bouzid

The iconic marketplace which has been standing strong witnessing Brickell's evolution, will keep their operations going by leasing back the property for some time. [while CitizenM secures the land for possible future development]

a picture from the art at a Citizen M Hotel in Rotterdamphoto by: Nadia Bouzid

a picture from the art at a Citizen M Hotel in Rotterdam

photo by: Nadia Bouzid

 

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HOSPITALITYNadia BouzidCitizen M, Perricones, Sales, Commercial Realestate, BrickellComment