A porn mogul paid $4.2 million for a development site in Wynwood, The Real Deal has learned. Showcase Acquisitions LLC, a company led by Kris Hinson, co-founder of porn site Bang Bus closed on the property.
The 13,345-square-foot corner lot is in the southeast quadrant of Wynwood. Investor Philip Knoll put the property on the market with Miguel Pinto of Apex Capital Realty earlier this year for $5.25 million. Pinto also represented the buyer. He declined to comment on the deal or confirm the buyer’s identity.
