Talent Hub Agency Acquires Ground-Floor Retail Suite At Merrick Manor In Coral Gables
Merrick Manor in Coral Gables has announced the sale of a ground-floor retail condominium to Talent Hub Agency, where the firm will open their new Miami headquarters following the acquisition. Merrick Manor is a mixed residential and commercial luxury condo building developed by the Henry Torres-led Astor Companies.
Merrick Manor in Coral Gables has announced the sale of a ground-floor retail condominium to Talent Hub Agency, where the firm will open their new Miami headquarters following the acquisition. Merrick Manor is a mixed residential and commercial luxury condo building developed by the Henry Torres-led Astor Companies. The condominium offers nearly 20,000 square feet of prime retail space on the ground floor neighboring the Shops at Merrick Park. Manny Chamizo III, the Global Commercial Director of ONE Sotheby’s International Realty, arranged the sale of this Class A retail space to Talent Hub.
“With interest rates low, prospective commercial tenants are realizing they can buy their own spaces at prices on par with market rents and take advantage of appreciation while building equity,” Chamizo said. “Talent Hub’s purchase at Merrick Manor underscores how this building offers an unparalleled opportunity to buy Class A commercial product within a brand-new luxury mixed-use building just steps away from the world-class Shops at Merrick Park.”
Talent Hub is co-owned by Puerto Rican actor, singer and songwriting Carlos Ponce. The agency represents many A-list influencers and celebrities which will add even more character to the already existing and diverse mix of retailers and businesses at Merrick Manor. Existing businesses include Anaïs Nails & Spa, Body Details, Elegance Beauty Salon, Sweat 440, Trésor and a substation for the Coral Gables Police Department. Coral Gables business district is the perfect location for many businesses as it is easy to commute from Downtown Miami and Miami International Airport. This central location is even walkable to Miracle Mile.
“Merrick Manor is an ideal location for Talent Hub’s Miami headquarters,” Ponce said. “The quality of the building is impeccable. We look forward to helping our talented members realize their vast potential in our new home.”
Berkshire Hathaway HomeServices EWM Realty is the exclusive residential sales and marketing representative at Merrick Manor located at 301 Altara Avenue in Coral Gables.
Construction Update: The Astor Companies' Merrick Manor Tops Off Early in Coral Gables' Merrick Park
Astor Companies' Merrick Manor has now seen construction top-off on the 10-story building early. The project was anticipated to top-off at one point in early 2018. Located at 301 Altara Avenue behind Merrick Park in Coral Gables, the 227-unit condo building was designed by Behar Font & Partners with interiors by Steven G.
Astor Companies' Merrick Manor has now seen construction top-off on the 10-story building early. The project was anticipated to top-off at one point in early 2018. Located at 301 Altara Avenue behind Merrick Park in Coral Gables, the 227-unit condo building was designed by Behar Font & Partners with interiors by Steven G. Units come in one to five bedroom floor plans, ranging from 747 SF to 3,400 SF. Pricing starts around $500,000 and ranges up to $2.5 million. Residences will feature custom wood doors, spacious terraces and gourmet kitchens with white quartz waterfall island and countertops and Bosch and Duravit appliances. Merrick Manor will feature resort style amenities including pool, state-of-the-art gym, 24-hour valet, 24-hour concierge, business center and 19,000 SF of ground-floor retail and restaurant space. Merrick Manor is currently over 55% under contract and completion is now expected in Q4 of 2018.
“We are excited to celebrate this important milestone for our project,” said Henry Torres, President, CEO, and Founder of The Astor Companies. “It is a testament to the incredible team at general contractor Jaxi Builders that we were able to reach this stage so far ahead of schedule – even with the recent interruption from Hurricane Irma. Our buyers will now be able to enjoy the unparalleled lifestyle Merrick Manor offers sooner.”
Check-out more renderings from our March 2017 Construction Update on Merrick Manor.
March Construction Update from Coral Gable's Merrick Manor
Construction on Astor Companies' Merrick Manor is now cruising at 301 Altara Avenue behind Merrick Park in Coral Gables. The 227-unit condo building will rise 10-stories and was designed by Behar Font & Partners with interiors by Steven G. Units come in one to five bedroom floor plans and start around $500,000, ranging up to $3 million. They will feature custom wood doors, spacious terraces and gourmet kitchens with white quartz waterfall island and countertops and Bosch and Duravit appliances. Merrick Manor will feature resort style amenities including pool, state-of-the-art gym, 24-hour valet, 24-hour concierge, business center and 19,000 SF of ground-floor retail. Merrick Manor is currently around 50% under contract and completion is expected in 2019. Check out their construction update video below.
Mast Capital and BH Group have announced Raffles Residences Coconut Grove, the brand’s first standalone residential development, with 35 homes from $4.5 million and architecture by Brandon Haw.