The Real Deal
By Katherine Kallergis
Adventurous Journeys (AJ) Capital Partners, based in Nashville, Tennessee, acquired the majority ownership of the 24-acre portfolio MVW has assembled in Miami’s Little River, according to Matthew Vander Werff, co-founder of MVW, and Eric Hassberger, president of AJ Capital.
The neighborhood, north of the Miami Design District and the MiMo Historic District, has attracted significant investment in recent years. The former ArtCenter/South Florida, now called Oolite Arts, is building its $30 million headquarters in Little River.
MVW’s portfolio includes more than 320,000 square feet of commercial space in Little River, leased to tenants such as Sunny’s Someday Steakhouse, Center for Subtropical Affairs, the software company YellowPepper and others.