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
đź“ŤNeighborhood: 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
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.
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]