Investor Aaron Butler scoops up Lincoln Road site where Noble 33 plans restaurant

Real estate broker and investor Aaron Butler bought a vacant Lincoln Road site, with plans for a new building where hospitality group Noble 33 is expected to open its Mēdüzā Mediterranïa restaurant. Butler, who heads Miami Beach-based commercial property firm Avenue Real Estate Partners, paid $8.4 million for the quarter-acre lot at 500 Lincoln Road, which has approvals for the development of a two-story, 20,000-square-foot project with a rooftop terrace, designed by Miami-based Touzet Studio Architecture & Interior Design, according to Butler’s news release. Butler, through his purchasing affiliate, borrowed $7.5 million in seller financing, according to records and real […]

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