Trending Multifamily News
Mexican investor acquires ground-floor space occupied by nail salon in latest transaction; both deals brokered by ONE Sotheby’s International Realty Global Commercial Director Manny Chamizo III
CORAL GABLES, Fla. – (May 5, 2021) – Merrick Manor continues to generate interest from Latin American investors seeking prime commercial real estate within the luxury mixed-use building in Coral Gables. In the latest example, a Mexican investor acquired a 1,130-square-foot space occupied by Anaïs Nails & Spa on Merrick Manor’s ground floor.
The $1.05 million sale, which closed on April 30, 2021, is the second such transaction at Merrick Manor in the past 30 days. In a separate deal, a South American investor purchased a 1,115-square-foot space occupied by Elegance Beauty Salon for $1.03 million.
ONE Sotheby’s International Realty Global Commercial Director Manny Chamizo III, the exclusive sales representative for Merrick Manor’s 20,000 square feet of prime ground-floor commercial space, brokered both transactions.
“For Latin American investors, in addition to domestic investors, Merrick Manor is meeting the demand for stabilized luxury commercial real estate in Greater Miami,” Chamizo said. “The fact that the building is located in highly desirable Coral Gables, with brand-new space occupied by a diverse mix of retailers, makes it that much more appealing.”
Anaïs and Elegance are part of the Health and Beauty Corridor at Merrick Manor, which was developed by the Henry Torres-led Astor Companies. Other health and beauty retailers on the building’s ground floor include Body Details, Sweat 440 and Trésor. Chamizo is close to finalizing leases with a dentist and eye doctor to round out the corridor.
In October 2020, Chamizo arranged the sale of a Merrick Manor retail condo to Talent Hub Agency, a talent agency co-owned by Puerto Rican actor, singer, songwriter, composer and television personality Carlos Ponce. The Coral Gables Police Department opened its first substation on the ground floor of the building last year.
Merrick Manor is quickly running out of available commercial space.
A remaining 4,488-square-foot space with over 1,800 square feet of covered terrace is available. This prized corner is ideal for a showroom. It can also be divided into two spaces.
“Our thoughtful approach to target complementary but distinct retailers that serve Merrick Manor’s residents and the surrounding Merrick Park neighborhood is paying off,” Torres said. “Investors and end users are seizing the opportunity for unparalleled Class A real estate in Coral Gables.”
For additional commercial and retail opportunities available at Merrick Manor, contact Chamizo directly at (786) 453-3171 or email This email address is being protected from spambots. You need JavaScript enabled to view it..
Berkshire Hathaway HomeServices EWM Realty is the exclusive residential sales and marketing representative at the 227-residence Merrick Manor. For information about Merrick Manor’s residences, visit www.merrick-manor.com or call the Merrick Manor Sales Gallery at (305) 779-6870.
Miami law firm Rennert Vogel Mandler & Rodriguez is handling Merrick Manor closings on behalf of Astor.
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About Merrick Manor:
Merrick Manor is the premier new condominium offering in Coral Gables. The 10-story, 227-residence community and its nearly 20,000 square feet of prime ground-floor retail space is located at 301 Altara Avenue – just steps away from the fashionable Shops at Merrick Park. With a modern twist on the timeless elegance of historic Coral Gables, the “City Beautiful,” the Mediterranean villa-style residences offer a unique selection of floor plans for one to four-bedroom designer-ready residences ranging from 574 to more than 3,400 square feet. Prices for remaining units start from $489,990 and range up to $2.6 million. For more information, visit the project Sales Gallery at 301 Altara Ave., Suite 119, call (305) 779-6870 or email This email address is being protected from spambots. You need JavaScript enabled to view it..
Facebook: https://www.facebook.com/MerrickManor/
About Manny Chamizo III, ONE Sotheby’s Global Commercial Director:
Manuel Chamizo III is a seasoned professional with over 35 years of Commercial Real Estate experience. Manny Chamizo is widely recognized as a power broker and leading investment property expert. He was honored as “Best of the Best” by ONE Sotheby’s and named Power Broker by CoStar for his market expertise. Manny Chamizo has generated over $1 billion dollars in total transaction value throughout his career. He has over three decades of experience in all aspects of commercial real estate, including retail, multifamily and land development, as well as industrial sales.
ONE Sotheby’s International Realty Global Commercial Director Manny Chamizo III brokers transaction at luxury mixed-use building; buyer is based in South America
CORAL GABLES, Fla. – (April 21, 2021) – Merrick Manor, the luxury mixed-use building in Coral Gables, announces the sale of a retail condominium. ONE Sotheby’s International Realty Global Commercial Director Manny Chamizo III, the exclusive sales representative for Merrick Manor’s 20,000 square feet of prime ground-floor commercial space, brokered the sale.
In the transaction, a South American investor purchased a 1,115-square-foot space occupied by Elegance Beauty Salon for $1.03 million. Elegance offers specialized services for hair, nails, make-up and eyebrow threading.
Elegance is part of the Health and Beauty Corridor at Merrick Manor, which was developed by the Henry Torres-led Astor Companies. Other health and beauty retailers on the building’s ground floor include Anaïs Nails & Spa, Body Details and Sweat 440. Chamizo is close to finalizing leases with a dentist and eye doctor to round out the corridor.
“Merrick Manor has an exciting mix of retailers, as these business owners recognize that the building offers an unparalleled combination of brand-new space, incredible location and a built-in customer base of residents, nearby professionals and visitors,” Chamizo said. “This new sale underscores the intense demand from Latin American investors for stabilized Class A commercial product in Coral Gables.”
In October 2020, Chamizo arranged the sale of a Merrick Manor retail condo to Talent Hub Agency, a talent agency co-owned by Puerto Rican actor, singer, songwriter, composer and television personality Carlos Ponce. The Coral Gables Police Department opened its first substation on the ground floor of the building last year.
Merrick Manor is quickly running out of available commercial space. A remaining 4,488-square-foot space with over 1,800 square feet of covered terrace is available. This prized corner can be divided in two and is generating substantial interest from a variety of potential retailers and restaurants.
“We carefully curated the ground floor of our building with complementary but distinct retailers for the benefit of Merrick Manor’s residents and the surrounding Merrick Park neighborhood,” Torres said. “Commercial real estate investors are taking notice. I applaud Manny Chamizo for facilitating this sale and his overall efforts representing our one-of-a-kind commercial space.”
For additional commercial and retail opportunities available at Merrick Manor, contact Chamizo directly at (786) 453-3171 or email This email address is being protected from spambots. You need JavaScript enabled to view it..
Berkshire Hathaway HomeServices EWM Realty is the exclusive residential sales and marketing representative at the 227-residence Merrick Manor. For information about Merrick Manor’s residences, visit www.merrick-manor.com or call the Merrick Manor Sales Gallery at (305) 779-6870.
Miami law firm Rennert Vogel Mandler & Rodriguez is handling Merrick Manor closings on behalf of Astor.
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About Merrick Manor:
Merrick Manor is the premier new condominium offering in Coral Gables. The 10-story, 227-residence community and its nearly 20,000 square feet of prime ground-floor retail space is located at 301 Altara Avenue – just steps away from the fashionable Shops at Merrick Park. With a modern twist on the timeless elegance of historic Coral Gables, the “City Beautiful,” the Mediterranean villa-style residences offer a unique selection of floor plans for one to four-bedroom designer-ready residences ranging from 574 to more than 3,400 square feet. Prices for remaining units start from $489,990 and range up to $2.6 million. For more information, visit the project Sales Gallery at 301 Altara Ave., Suite 119, call (305) 779-6870 or email This email address is being protected from spambots. You need JavaScript enabled to view it..
Facebook: https://www.facebook.com/MerrickManor/
About Manny Chamizo III, ONE Sotheby’s Global Commercial Director:
Manuel Chamizo III is a seasoned professional with over 35 years of Commercial Real Estate experience. Manny Chamizo is widely recognized as a power broker and leading investment property expert. He was honored as “Best of the Best” by ONE Sotheby’s and named Power Broker by CoStar for his market expertise. Manny Chamizo has generated over $1 billion dollars in total transaction value throughout his career. He has over three decades of experience in all aspects of commercial real estate, including retail, multifamily and land development, as well as industrial sales.
The Astor Companies Opens Brand-New Merrick Manor Sales Gallery
Ground-floor location provides seamless experience for interested buyers to tour luxury residential building in Coral Gables
CORAL GABLES, Fla. – Pioneering Miami developer The Astor Companies announces the opening of a brand-new sales gallery for Merrick Manor, Astor’s transformative luxury building in Coral Gables. The 10-story, 227-residence Merrick Manor is the only new, move-in ready condominium community in the “City Beautiful.”
The new Merrick Manor sales gallery is located at 301 Altara Ave., Suite 119 – on the ground floor of the building. Having a 2,720-square-foot sales gallery on site creates a seamless experience for potential buyers to visit, speak with Merrick Manor’s attentive sales team and tour the one-of-a-kind building and model residences designed by the award-winning Interiors by Steven G.
Astor completed Merrick Manor and opened the building to residents this spring.
“South Florida’s real estate market is receiving considerable attention, but Coral Gables stands alone when it comes to quality of life and stability of property values,” said Astor Founder, President and CEO Henry Torres.
“With Merrick Manor, we believe we have the right combination of luxury, location and value to accommodate the demand for new residences in the city. Our new sales gallery allows visitors to experience this first-hand.”
Prices for available Merrick Manor residences start from $374,990 and ranging up to $2.6 million. Remaining units range from 574 square feet to more than 3,400 square feet. The one-to-four-bedroom residences feature exceptional finishes, including Italian cabinetry, Bosch appliances, white quartz countertops and spacious terraces.
Merrick Manor amenities include 24-hour valet parking, 24-hour front desk concierge service, lobby lounge area, Parcel Pending lockers, a business center with four computer-ready desks and multimedia screens for presentations, a club lounge and news café lounge on the fourth floor, state-of-the-art fitness center and resort-style pool with barbecue gathering areas.
In the event of a hurricane or major storm, Merrick Manor is equipped with unique storm-related features including emergency generators to fully power the ground-floor lobby and amenities floor and fully functional Wi-Fi in those areas. Security features include a Coral Gables Police Department substation on the ground floor, 24-hour security, strategically placed security cameras and a covered and monitored parking garage.
Merrick Manor also offers nearly 20,000 square feet of prime, Class A ground-floor retail and restaurant space marketed by the Astor Real Estate Group, led by Principal Broker Roza H. Radkiewicz.
For commercial and retail opportunities available at Merrick Manor, contact Radkiewicz at (305) 779-5672 or (786) 218-8322 or email This email address is being protected from spambots. You need JavaScript enabled to view it..
To learn more about the residences, visit www.merrick-manor.com or call the Merrick Manor Sales Gallery at (305) 779-6870.
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About Merrick Manor:
Merrick Manor is the premier new development in Coral Gables and is currently under construction. The 10-story, 227-residence community and its nearly 20,000 square feet of prime ground-floor retail space is located at 301 Altara Avenue – just steps award from the fashionable Shops at Merrick Park. With a modern twist on the timeless elegance of historic Coral Gables, the “City Beautiful,” the Mediterranean villa-style residences offer a unique selection of floor plans for one to five-bedroom designer-ready residences ranging from 574 to more than 3,400 square feet. Prices for remaining units start from $374,990 and range up to $2.6 million. For more information, visit the project Sales Gallery at 301 Altara Ave., Suite 119, call (305) 779-6870 or email This email address is being protected from spambots. You need JavaScript enabled to view it..
Facebook: https://www.facebook.com/MerrickManor/
About Astor Companies:
Founded by Henry Torres in 2002, The Astor Companies is a full-service real estate development firm based in Miami. Torres launched Astor with the motivation that everyone should be able to afford a luxurious new home in an appealing location. With that in mind, Astor has been a pioneering developer throughout its 15-year history, identifying emerging and untapped Miami neighborhoods like Little Havana, The Roads and South Miami – among others. Astor’s portfolio of successful projects include Brickell Vista and InTown in Little Havana, Gateway to the Grove in Coconut Grove, Nordica in The Roads neighborhood and Valencia in South Miami. For more information, visit www.astorcompanies.com.