Trophy Design District Mixed-Use Asset Acquired In $72.5 Million Deal
By Amit Chowdhry ● Jan 28, 2026
A partnership between Pebb Capital, Wharton Properties, Lane Capital Partners, and Sabal Investment Holdings has acquired Design 41, a fully stabilized mixed-use office and retail property in Miami’s Design District, for $72.5 million. The joint venture purchased the seven-story asset at 112 NE 41st Street from the privately held Norton family, marking the second South Florida mixed-use acquisition completed together by Pebb Capital and Sabal.